GBG gindalbie metals ltd

its not what they would like us to beleive, page-15

  1. hws
    613 Posts.
    Another myth that have 36% control of GBG gives Ansteel a control of 18% of KML, just gives them a lot of influence over GBG decisions.

    My point is Ansteel's real power over GBG comes from GBG complete reliance on Ansteel for finance, they can break/control them without going to other shareholders for support or FIRB, my other point is GBG attractiveness to others is lessened by now only having a minority interest in KML.

    Which you could say gives them effect control and probable drops value of GBG 47.84%.
 
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