Frank I don't think confidence will be restored until production is running smoothly and on budget, regardless who is at the helm. GJ is still essential in the GBG/Ansteel relationship and I hope that doesn't change.
We have a new CEO after having Dixon at helm and turned the revised budget into a dog's breakfast. The instos really got burnt with that first placement at 0.93 cents (which was heavily discounted again at the time).
I have managed to average my holding to around 78 cents, so I am confident I will recover my capital.
I hope some more senior management/directors lead by example and top up with some more shares. Especially George, he didn't take up any of the rights issue, so show some faith and buy another million shares on market. He has the means to do so, and has done so in the past. It is nice and all that Jones and Netscher were quoted in the newspaper saying GBG was 'cheap', but actions speak louder than words.
GBG Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held
