GBZ 10.0% 0.9¢ gbm resources limited

Ann: Notice of Initial Substantial Holder, page-2

  1. 5,059 Posts.
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    Good on him- kudos to the MD.

    He certainly has gone to great lengths to acquire this ground, and then has continued to buy shares all along the way.

    Has not been happy for shareholders,., but the MD has conviction and has placed his own money in at least.

    Unlike many other explorers, & even producers, where do not see management buying or invested with own money .
    (One mid-tier miner, in particular, given considerable further salt in wounds for shareholders- leaders of company that owns the gold mine in central Qld regionally also with GBM resources, MD & board not been buyers of company shares despite very high salaries and company falling also to extreme lows below asset values)

    But I have digressed sorry, due to learning through time that significant personal investment by the CEO and board is really important to note- should be even the yardstick for investing by general retail investors, investing otherwise only from advice or information released to the market by each company.

    Hope all goes back up here for all longterm holders.
    Gold is now strong.
    Last edited by Aqua65: 15/03/24
 
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