Not a brilliant thing, but as for being completely debt free and cashed up in this climate may offer the oportunity to secure heavy equipment (trucks, diggers, dozers, plant etc. in an industry that is scaling back) for peanuts.
I was wary as to how much of the company (%) would end up in Ansteels control and it is 'only' 1/3. It could have been much worse (MGX now 60%+ owned by chinese) and we'd have practically NO say in where the Co. goes in the future.
GJ and team have shown their quality in a tough situation.
Not ideal but we're not living on our knees (like some)
Hopefully on monday we'll all be rich
ahahaha
GBG Price at posting:
40.4¢ Sentiment: Buy Disclosure: Held