GCL gloucester coal ltd

any thoughts on where the sp will go from here, page-3

  1. 3,838 Posts.
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    Re GCLN etc- are you kidding?

    GCL was only trading in the mid $12s because of the t/o. It was always going to fall when the t/o ended and GCLN was rolled into it. Anyone buying GCL between 6 October (when it was effectively ex t/o) and 11 October (final day before GCLN rolled in) was a buffoon. Lots of them out there though- turnover was 20k shares some days!!!
 
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