Morning trading January 12, page-77

  1. 3,367 Posts.
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    GGX

    The debt is all LT on the balance sheet. Around $10M and to friendlies.

    Someone picked up 20M shares yesterday which sparked my interest.

    $5M cap with potential claim for $57M.

    Even a $10-15M settlement would have it cash backed at 1-1.5c.

    The French government failing to lodge a defense suggests to me GGX have the upper hand here and will get paid to go away.
 
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