yeah, if KML went into administration it would most likely be all over for GBG, likely a complete wipeout. But Ansteel would in all probability lose it’s grip on KML, and in that event they would therefore leave a lot on the table for whoever comes in.
to me, this scheme is a game of chess. I don’t have a huge amount at stake, it’s all been written off. I want to gamble my small stake for a better deal. And hopefully over 50% of shareholders agree with me.
GBG Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
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