GBG gindalbie metals ltd

gindalbie seeks buyer for loadestone, page-20

  1. 24,386 Posts.
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    " One thing that does bug me are these trading patterns which swing pretty quickly both ways and lack of formal info coming from the company."

    Hi Frankhalo,

    This has been bugging myself for quite sometime too. When these types of trading patterns do occurr, and there is silence from the Board and Management, anything could happen either for, or against us.

    My major concerns now, are that we have practically reached the point of production, and where the company would have had to fund it's share of the costs of infrastructure to reach this stage, (Us shareholders included contributed), and then from behind the curtains a T/O can come out totally unexpected for us shareholders while possibly not unexpected from the Board.

    It is not the first time that what I am saying has happened. And if you consider the share price we are at now, and add even a 50% premium for a takeover, and you would soon find out what the offer price would be at.

    Many of us would be licking our deep wounds if that was to happen. What we have to consider and keep always in our minds, is that we are playing in the sharemarket where anything can happen, and where we can always "EXPECT THE UNEXPECTED".

    Regards

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