GBZ 10.0% 1.1¢ gbm resources limited

Ann: Trading Halt, page-10

  1. 263 Posts.
    lightbulb Created with Sketch. 188
    no wonder the recent anns have been sold into so hard

    yup 7.5c GBZAK snowball's chance of being worth anything with 2 months to go. I would be worried if I was balls deep in the gbzob at 11.5c execution in 9 months at this rate, need more than a 2 bag for them to be worth anything at all and dilution down here will put the brakes on

    Any guess as to CR size and pricing? I am thinking $7.5m at 5.0c, around a 10% discount to last close, size around what they have done previously
 
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