GVM unknown

stupid dog of a stock

  1. cdchi1
    8,972 Posts.
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    14/06/05
    22:15
    Post #: 947273
    lost me a couple grand earlier this year.

    For some reason, ive bought back into it.

    Perhaps something to do with the fact that the RAND has weakened around 20% against the USD which means 'profit' is likely to be significantly higher this quarter. Their coal acquisition looks interesting too...nice way to show the 'cashflow potential' stated by the other JV partner by using a 'its a non-jorc resource and so we are sceptical' announcement.

    Will probably lose another couple grand on it lol.

    Cdchi1
    GVM Price at posting: 0.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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