GML 0.00% 2.3¢ gateway mining limited

Ann: GML Sells Gold Rights at Montague East to BTR for $14M, page-28

  1. 550 Posts.
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    your right once the 10 Billion shares hit the share register the share price won’t be 1.7 cents as trading today. Probably all the newbies who don’t understand what happens when the new shares get listed in the share register. Happy to sit back like you said and wait for the dust to settle. 10 Billion shares is a shit load and if left without consolidation share price won’t change by much.
    interesting big buying of 3,000,000 share as a buy on GML @ 2.1 cents. Makes you wonder if Peter or Mark Cossom is withholding information from the market. Likely management will come out with exciting news in next 2-4 weeks. Then we will know the truth.
    One wonders why did Mark Cosson sold GML Gold tenaments so cheaply at only $14,000,000. But then again exactly what he did with the GML 20,000,000 STK shares he sold to Andrew Bray company L11 Capital who is sole director of before it went from 4 cents GML price to 20 cents on news Andrew Bray was waiting for on STK lab results.
    I would love to see the ASX to do a review on this insider trading on the above with Ndebele Bray buying the STK shares from GML for only 4 cents just before they took off to 20 cents.
 
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