GBG 0.00% 2.9¢ gindalbie metals ltd

gindalbie accepts $162.1m ansteel share at .85, page-46

  1. 247 Posts.

    Thats a good point by Eureka. Transfer pricing can be illegal but there are always ways of structuring it to benefit major s/h at the expense of minority s/h. This will be one of the key risks funds will look at when evaluating GBG. I think Ansteel was very generous paying 85 cents, maybe it was because GJ brought a lot of shares around that price.
 
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