I would love to hear GBG's response to why we will be raising money at a price lower than the first significant placement in the peak of the GFC in 2008. I simply cannot believe it.
Due to the inevitable capital raising the stock price has done nothing on the green market days. It just sinks lower and lower everytime the market falls. Terrible management by GBG. Compare us to AGO who produce 6mtpa and look at the great runs they had on the up way to production. GBG.... Well its at 52 week lows.
I am utterly kicking myself for not switching my entire holding to MTE at 30 cents. Oh well, such is life.
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