I cannot help but be impressed by GMD sheer audacity at being a king maker, without actually being a king at all.
RF is basically holding it all together. To buy up DCN for peanuts, to then 'save' SBM' shareholders buy taking their best (yes... poorly managed) asset and repacking it with a clear reward to GMD holders.... wow.
I still struggle to understand how SBM was run so badly. Why was Tower Hill never put into production?
Anyway.... the wording of the presentation is very savvy, but... it cannot hide the fact that GMD actually provides very little to the new potentially merged entity. SBM could easily change their mine plan... but... they don't.... even when shown what to do. hmmmm...
Good luck to GMD holders, I bear no ill will.
- Forums
- ASX - By Stock
- GMD
- Ann: Heart of gold - Corporate Presentation
Ann: Heart of gold - Corporate Presentation, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMD (ASX) to my watchlist
|
|||||
Last
$1.76 |
Change
0.038(2.17%) |
Mkt cap ! $1.968B |
Open | High | Low | Value | Volume |
$1.74 | $1.77 | $1.73 | $3.156M | 1.803M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 37592 | $1.76 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.77 | 40934 | 39 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
28 | 38136 | 1.760 |
27 | 42319 | 1.755 |
25 | 69767 | 1.750 |
13 | 72486 | 1.745 |
13 | 88455 | 1.740 |
Price($) | Vol. | No. |
---|---|---|
1.765 | 40933 | 39 |
1.770 | 41467 | 22 |
1.775 | 92959 | 13 |
1.780 | 25559 | 11 |
1.785 | 15541 | 6 |
Last trade - 14.19pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
$1.76 |
  |
Change
0.038 ( 1.65 %) |
|||
Open | High | Low | Volume | ||
$1.74 | $1.77 | $1.73 | 537186 | ||
Last updated 14.39pm 17/06/2024 ? |
Featured News
GMD (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online