I wonder why there is no body intends to take over GBG?
With more than $2 billions already spent, and the guaranteed future profits as Ansteel will buy 100% of GBG ores, the $0.5 billion current market cap is truly a burgain buy.
Imagine if a lot of helpless retail investors like us converge to form a company, called it "Recover GBG", each investing some money into Recover GBG.
Next we starts buying GBG shares at current price to take over GBG. Then replace current GBG boards of directors with the right ones that pursue funding with strategy not to cause too much share price destruction. We will see GBG share price to go far north.
Just a day dream out of frustration.
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