GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Share Placement to Advance Kupang Smelting Hub Facility, page-40

  1. 1,878 Posts.
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    Actually there's now more dilution, which ultimately lowers the value of your shares to a relative MC.

    I agree that the silver lining is that the company now progresses their projects .... but the silver lining stops right there (unless you're one of the investors who got a bargain).

    Glad we're not going into admin and the LT prospects of this company now look good .... but it doesn't change the poor performance by Management IMO.



    Cheyne.
 
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