GBE 3.51% 5.5¢ globe metals & mining limited

capital raising, page-13

  1. 1,258 Posts.
    sorry malent but I cannot share your opinion. To show you how poor the management performance is just look back into 2008. In the middle of the credit crunch GBE announced a first resource estimate for Kanyika and the share price jumped to almost 60ct. 2 1/2 years and a lot of resource upgrades and a REE project later, Mark will raise capital between 22ct-25ct in a period where almost all resource companies are performing quite well. This period from early 2008 is associated with heavy selling that is not reflected in the Top20 structure. This leads me to the thought that something is wrong with this company. And our CEO is nit communicating with us shareholders only with his buddy institutionals in Perth and Sydney...
 
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