GNM 7.14% 1.5¢ great northern minerals limited

Ann: GNM Closed Oversubscribed Placement, page-23

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  1. 27,757 Posts.
    lightbulb Created with Sketch. 3360
    i think the simplest and best trade here, is buy OBs at 0.1 given the extra supply coming.
    The OFs wont get to 0.1 i dont think, and there is no more supply of them, so cant see them being sold off further. So the OFs probably the 0.2=>0.4 trade. But the OBs could get dumped to 0.1, might make a 0.3c - 2 bagger possible.
    Not investment advice.
    Last edited by stevenjd: 08/12/21
 
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