GBE 0.00% 4.0¢ globe metals & mining limited

re: Ann: Notice of Change of Interests of Sub... Yes, I still...

  1. 3,731 Posts.
    re: Ann: Notice of Change of Interests of Sub... Yes, I still hold GBE, but has reduced the numbers to reflect the risk/reward. You know the rules glass half empty and half full, or not all eggs in one broken basket rule.

    I aimed a 10-folder appreciation. Obviously, it is virtually impossible.

    I believe Mark will do something. I believe he is not stupid. The problem is not the Chinese, but the unfair deal. He has 7.5%+options. If share price halved, he will lose $2m+.(based on 50c recent high). It cannot be compensated by ECE easily. Be a good boy to ECE won't bring home bacon. Too bad.

    Let's see, but be prepared. GBE could sink further. 25c is totally possible. I am think even sub-20c since Dec and Jan are bad months for small mining stocks due to lack of news.

    Good luck.
 
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