GML 4.00% 2.6¢ gateway mining limited

Ann: Options Prospectus, page-52

  1. 536 Posts.
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    I would say a few loose hands from the latest CR making 20% profit uplift. All I know is Mark Cossom needs to pull his finger out and start taking advice from the likes of Debbie Fullerton or Peter Langsworthy who are on his team on how to add shareholder value? Going from 19 cents a share when he first joined GML down to 2 cents a share is not adding any value to anyone's share holding except only when Mark Cossom selling GML 20,000,000 STK shares for only 4.2 cents to Andrew Bray for a huge profit and then doing a CR straight after Andrew Bray sees these postings on Hot Copper for insider trading to hopefully save his ass. Mark Cossom hasn't got the excuse now to say they needed the money as a CR was done shortly after selling the STK shares. Mark Cossom only did it as Andrew Bray pays Mark Cossom annual fees as a non-executive director from STK of approx $300k per annum to add to his already $300k from GML annual salary, so Mark Cossom is only a puppet for GML. I guess when Andrew Bray is third largest share holder of GML that's what Andrew B wants when he is so controlling. Going to be interesting when ASIC comes knocking on their door. Andrew Bray had confidential information when he did the deal with Mark Cossom on buying GML - STK 20,000,000 shares at only 4.2 cents before they took off to 20 cents a share a month or two later. Mark must have run out of excuses by now as US Gold prices is now at record levels. Actions speak louder than words.
 
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Last
2.6¢
Change
0.001(4.00%)
Mkt cap ! $10.28M
Open High Low Value Volume
2.6¢ 2.6¢ 2.6¢ $1.3K 50K

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No. Vol. Price($)
1 25000 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 110351 1
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