Morning Traders Friday 5 th August, page-262

GMC/GMCO - Not sure if what I am reading & understanding from announcement is right or not. If i were a holder, it was like dreams come true.
Local Indo Investors committing for USD 10m = AUD 13m for 10% stack in the company. That's equivalent to 200m shares.
So 200m shares for AUD 13m brings down 0.065/shares. Really????????????????
If so then GMC could be trading at 50% discount to what cornerstone investor is willing to pay for 10% stack (i.e. 3-3.5c)

Still scratching my head here