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GCL Geiger Counter Limited

50.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Geiger Counter Limited LSE:GCL London Ordinary Share GB00B15FW330 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 50.00 494,296 16:04:05
Bid Price Offer Price High Price Low Price Open Price
49.00 51.00 50.00 49.50 50.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investors, Nec 25.15M 23.06M 0.1761 2.84 65.46M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:22:00 O 100,174 49.90 GBX

Geiger Counter (GCL) Latest News (1)

Geiger Counter (GCL) Discussions and Chat

Geiger Counter Forums and Chat

Date Time Title Posts
28/3/202410:45Geiger Counter Limited2,908
07/10/201616:30Geiger Counter - Uranium Fund1,538
20/12/201208:59Geiger counter84
10/1/201108:10Geiger Counter24
21/2/200714:34Geiger Counter with Charts & News8

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Geiger Counter (GCL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-28 17:03:4049.90100,17449,986.83O
2024-03-28 16:22:0150.192,0001,003.80O
2024-03-28 16:05:1049.339,7414,805.24O
2024-03-28 16:04:2049.0050,00024,500.00O
2024-03-28 15:30:0249.255,5952,755.54O

Geiger Counter (GCL) Top Chat Posts

Top Posts
Posted at 29/3/2024 08:20 by Geiger Counter Daily Update
Geiger Counter Limited is listed in the Investors, Nec sector of the London Stock Exchange with ticker GCL. The last closing price for Geiger Counter was 50p.
Geiger Counter currently has 130,921,251 shares in issue. The market capitalisation of Geiger Counter is £65,460,626.
Geiger Counter has a price to earnings ratio (PE ratio) of 2.84.
This morning GCL shares opened at 50p
Posted at 27/3/2024 13:54 by greedfear
This year I will be voting against continuation of the company. Shareholders are better off if GCL will be liquidated. Then we can put our money in better performing funds. The subscription rights have value, alas no choice but to give GCL more money to underperform.
Posted at 27/3/2024 12:51 by bpdon
GCL languishing again and continuing to under perform YCA (-8% YTD), URNM (-14% YTD), U.UN (-14% YTD). The 1 year comparisons are all > -30%.

Frustrating to see the discount widening so far too - discount to diluted NAV must be over 22% now. Given the gearing advantage in GCL, you would hope for better in a bull scenario. All at a time when shareholders will be preparing to decide how much to invest in the subscription shares.

Does anyone have any views on how helpful a main LSE listing (see recent RNS) would be to liquidity and discount narrowing?
Posted at 15/1/2024 13:16 by jaf111
Not one to complain BUT latest NAV up 6p from previous day whilst share price up only 3p!!!!

This is not the first time by any means so despite increased share price the discount to NAV also rising
🤔🤔🤔
Posted at 12/1/2024 11:01 by bpdon
That is true QuePassa and not impossible we will see a repeat outcome again in 2024. However, another mitigating factor in 2022 was the launch of the Sprott Uranium Miners ETF, which first traded at the start of May 2022 (bang on the GCL rights exercise). I suspect a lot of money moved from GCL to URNP which subsequently reinstated the GCL discount that has persisted since.

I remain as frustrated as anyone about the disconnect between the spot price and the uranium equities, which GCL is a proxy for. The spot price has doubled in about 6 months yet GCL is only up about 50% over that time frame. I would have expected a more speculative frenzy of liquidity pouring in and chasing the gearing the miners could/should have in this climate.
Posted at 12/1/2024 10:13 by quepassa
One can recall the astonishing and massive run-up in the share price in 2022 prior to the exercise date that year for subscription rights/shares which were at that time significantly in the money.

A situation very similar to this year, 2024.

Look at the steep share price graph for Jan to May 2022 - when not only the share price went ballistic but also the Discount-to-Nav flattened to zero or went to a premium.

History has a habit of repeating itself. It would not wholly surprise if we saw a similar phenomenon this year as the April/May exercise date approaches.

The current stock price appears to me to be fettered but the fetters are likely to come off soon.

ALL IMO. DYOR.
QP
Posted at 09/12/2023 05:23 by quepassa
Solid North America session on Friday.

Majority uranium stocks showing gains of 2% to 4%

Importantly, Geiger's largest holding, namely NexGen, was up almost 4%.


Also worth noting is that NexGen hit a new intraday ALL TIME HIGH of US$6.89 and settled just shy of that at $6.87.

However, after-hours trading in NexGen show that the share price surged yet another percent higher to $6.95, creating yet another ALL TIME HIGH.

Expecting NexGen to break through the seven dollar milestone in short order.



Mega Uranium - majority invested in NexGen- was up almost 5% on the day and equally making new ALL TIME HIGHS at C$0.45. - Mega is now up more than 150% since first mentioned by me on this bulletin board seven months ago in May.


All this bodes well for Geiger. Expecting a boost to Geiger's share price next week.

ALL IMO. DYOR.
QP
Posted at 24/11/2023 13:44 by 7kiwi
Edwards,

Yes, GCL can trade at a premium. Indeed, it traded at a consistent premium for a good while up to about May 2022.

However, with URNP now available, I think it's unlikely to trade at a significant premium any more. But GCL is heavily geared towards the near term producers and the big developers and less so to the sequesters like YCA and SPUT and big producers like Cameco and KAP . I suspect that we are rapidly approaching the time where GCL's portfolio outperforms, especially with the gearing.

With a bit of luck, the discount will close up. But don't hold your breath - NAV up today, but the share price has ticked down.
Posted at 21/11/2023 11:55 by quepassa
I am NOT forgetting that.

you are however quite wrong.

the subscription price is based on the SHARE PRICE and not the NAV

the INTRINSIC VALUE of a right or warrant or option is common pricing jargon which is relevant to share prices - not to nav's.
Posted at 19/11/2023 15:16 by 7kiwi
SPUT now sitting on $66m of cash. Enough for 400K lbs @ $80/lb, leaving $34m float. Bodes well for pushing spot price up further next week. Most miners up on Friday, meaning another tick up in GCL NAV tomorrow. Time will tell if this is the start of a sustained squeeze or another blip up as part of a general bull market.

Although, what that means for GCL's share price is another question. The discount is still quite wide.
Posted at 15/3/2023 19:31 by papillon
free stock charts from uk.advfn.com


Well the GCL share price is oversold according to the 14 day RSI. However shares can stay oversold for sometime.
Geiger Counter share price data is direct from the London Stock Exchange

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