Continuing with my subjective speculation theme....
I'm wondering how Pak Marthen accumulated his wealth?...Savvy trader perhaps?....I note that the huge vol day (473 million shares) was Aug 5 when Pak was announced as the CI....
SP went from 0.7c to 1.6c intraday high and closed at 1.5c...And it has not breached 1.5c since....
I'm speculating that Pak may have fooled mgt and shareholders alike...
PS...What's the status of the smelters that were supposed to have arrived last Nov? (Aug 8 ASX release)....Still in Sth Africa with GMC unable to pay for their refurbishment and relocation.....
Fingers crossed for holders as it's looking more and more like a binary outcome IMO
GMC Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held
