GBG 0.00% 2.9¢ gindalbie metals ltd

the chinese are laughing

  1. 808 Posts.
    What a great time to buy! Even better than GFC!

    Maybe off topic, but do you know how Chinese acquired Fisher Paykel? They first became a partner, major share holder, then gradually increases its stake till 90%, hence 'compulsory takeover'.

    Angang just bought 5% of GBG with its pocket money, who sees the future of IO? If the consumer (China) is buying GBG, why not us retail investors/traders? At least it is cheaper than buying SDL!

    I don't understand why all those crazy selling. After billions of dollars spent and continuous producing / shipping, now it only has $250 million market cap? What a joke!

    But hey, great money is made when people are too greedy or too scary.
 
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