i think sentiment towards this stock is negative atm. not something i'm pleased about as i am excited about the future or this company. gbg has a strong portfolio for growth and is certainly one that over time will be reflected in sp gains. i see this company as undervalued atm, i think it reflects that ther has been no/little press about gbg no asx reports lately. i think this company is slipping of the radar. but i say will confidence if you put this stock in the draw for a few years say till 2011 then a nice present awaits.
however one good thing has come from this: we know how management will act in the future when sp slips away. gbg sp seems to be up in a hurry then down, its a typical pattern in explore to producer companies. now is the waitin period buy now or wait till the moving average begins to flattern out and then buy. i'm personally going to expand my share holding when the moving average levels of a bit.
though MANAGEMENT NEEDS TO PROVIDE MORE UPDATES FOR THE SP BENEFITS
GBG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held