GMM 0.00% 65.5¢ general mining corporation limited

Announcement out now, page-27

  1. 770 Posts.
    lightbulb Created with Sketch. 19
    Well I'm still holding for now, as the market price is now up 20%.

    But for me SDV is a long way away and it will be a long time before it makes profits. GMM got a good share of the Mt Caitlin profits but in a merged entity these profits will be spread across a much bigger share registry.

    So while the GMM/GXY merger will still be a good long term investment, in the near term I'm not so sure.

    That's my 2cents, IMO, I'm just a stock market noob etc.
 
watchlist Created with Sketch. Add GMM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.