Well my average is around 1.02, i'll take up the rights issue which means my new cost base will be around $0.93. I'll make my money back unless the EU and US crap themselves into a new GFC. I believe QE3 and probably 4, 5, 6 etc will inevitably come keeping the world afloat for now. So I am confident Iron Ore/general commodity prices will sustain for the medium term, thus I should see profit again where I will exit this company. I've had enough, my largest investment to date has been a real dog. I wish I put my GBG capital in my coal picks.
Whoever said 'up the stairs and down the elevator' is a genius. It sums up GBG perfectly.
GBG Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held
