Business is not a straight line method, therefore the value will show itself when the business is positioned for growth.
Within the last 18 months, GMD is building the foundation to position itself for a sustainable value building company.
Once GMD has what it requires for a strong sustainable foundation, it will begin production, and increase value for shareholders.
Finlayson is no newbie, in his tenure with Saracen, he took the share price x48 bags. Now he;s bringing what he learnt from Saracen to GMD. He chose to lead GMD because he saw a multitude of ways of "skinning the cat". He is also driving this company with Purpose, his family have generational ties with the area he is consolidating, giving him a strong "WHY".
I am heavily invested in GMD, and will continue to acquire shares cause i actually believe in this company, its financial statements and its leaders.
It ticks all the right boxes for me. This is not a short term value company.
GENESIS vs DACIAN, page-27
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Last
$2.34 |
Change
-0.110(4.49%) |
Mkt cap ! $2.674B | |||
| Open | High | Low | Value | Volume |
| $2.40 | $2.40 | $2.33 | $8.074M | 3.426M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13999 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.35 | 1397 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| GMD (ASX) Chart |