Everyone has a few more days to buy more at bargain prices.
Lower than:
CR 43c,
CEO top up price, 36c
As mentioned we have a number of 'jackass'es here with Big Balls of steel and MT investment FA perspective.
Have bought more from 42.5c to 32.5c, and increaseyd Gmed holding by *33%.
May part with this extra ST-MT *parcel in ST to MT at 50c to 60c, in Jan-Mar18, when news are expected.
(The original parcel is for LT when GMed becomes a billion dollar MCap enterprise)
Sp - MC $m (approx, excl perf shares)
30c - 100m
60c - 200m
90c - 300m
SOI: estimates,
340m sh+op, only 105m freefloat.
Top20 holds ~70%
CEO , 53%
(Top40 holds 80-85% ,my guess only)
Cash in hand ~$20m
@Lefevre
Here is another suggestion if you talk to mgt :
Arrange future CR with USD or HK fund managers ( not Oz funds)
or
ask CEO to release some of his 53% holdings to USD, after sp rerating.
(See Xero just before & after ASX listing)
Thanks again.
Cheers
G
Aimo. Dyor.
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'Know what you buy & why you buy'
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