GBZ 9.09% 1.0¢ gbm resources limited

Ann: Priority Entitlement Offer to Existing Optio, page-61

  1. 2,407 Posts.
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    re: Ann: Priority Entitlement Offer to Existi... beany and pear

    yep the market has spoken.
    and this what it said.

    Lets take a punt on this option thing getting up.
    Why not take the loss to the tax man this year.
    Sell some gbz buy some gbzo keep some of the cash for the 1c oppies.
    at these levels a punt on the leverage GBZO was to hard to resist for a few.

    If you ask me not a bad strategy.
 
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