GBZ 10.0% 0.9¢ gbm resources limited

Ann: New exploration targeting at Malmsbury, page-5

  1. 358 Posts.
    lightbulb Created with Sketch. 30
    Pakkham,
    A slow dump if ever i seen one, price being manipulated & someone picking them as they become available. Maybe even selling into afternoon trade to keep price for next day in trading range.

    Around 80 mil 3 cent shares went into restructure/consolidation. Directors picked up around 15mil & no changes of interest notice for them? So not selling at 100% profit. Good sign.

    Stibium still have 5 mil available as per substantial holder notice. Selling?

    Seems to be setting up for some activity, quality of announcements has improved, website has had a makeover, investor update with timeframes & some interest generated on Malmsbury.

    Yet to see new directors backing & influence come through. These guys have been working in different parts of the world for years & surely have interested parties lined up or at least discussions ongoing.

    Been doing a bit of digging into @mineralised comments & noticed a zone at Fosterville called the Allwood zone/fault. We also have a Kerry Allwood featuring in several GBZ announcements over the years. Wondering whether this was @mineralised contact that could not comment due to conflicts. Remembering Neil Norris also had some early dealings with Fosterville.

    Currently a mystery which way share price will go but think you will be waiting a long time to get them at 3 cents. Anyway good luck with your strategy. I maybe should have traded a bit on these as currently running at loss but prepared to watch this unfold & give new directors some time.
    They all have considerable skin in the game & the company has some good property.
    Quality partners & a board prepared to consider current shareholders in future strategy could make the difference.

    Cheers
    Pickle





 
watchlist Created with Sketch. Add GBZ (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
-0.001(10.0%)
Mkt cap ! $10.41M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $6.817K 715.0K

Buyers (Bids)

No. Vol. Price($)
2 771103 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 233773 1
View Market Depth
Last trade - 12.07pm 05/07/2024 (20 minute delay) ?
GBZ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.