Great summation and Agreed ....and yes I am back....got a speeding ticket from HC as I got into argument with a ramper of IOT, probably should have ignored.
Anyway GMM is unloved because its register is poor. Management need to roadshow more.
I like PLS, GMM, ORE and GXY in that order....I profit took in ORE but will rebuy......I only own PLS and GMM now.
Both massively undervalued.
GMM should be over $1.00 and $400m in MC in relative terms but lags PLS and GXY.
GMM is to GXY as what owning a LIC of the ASX200 is to an ASX 200 fund/ETF.
The LIC always lags on NAV ....until it doesnt....
Therefore GMM is a much cheaper way to own 50% of GXY and deserves M&A premium also.
This is going to have a very big day anyday now.
Like a 30% + "Catchup" move.
Just IMHO.
GG
GMM or GXY or both and why, page-18
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