I am a follower of GVM...they are still profitable in spite of some very testing times given the high Rand/US$ rate.
Agree, they are heading in the right direction and appear to be doing everything right...but even so, they are...and will remain very much at the mercy of exchange rates in the short term.
Just need to see the rand fall, or US$ rise to fair levels and GVM should do well.
Current prices could prove to be a bargain...however, if the US$ keeps falling, they could still be expensive?
Cheers!
GVM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.