GBG 0.00% 2.9¢ gindalbie metals ltd

ann out!, page-58

  1. 912 Posts.
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    Lower than 10c is a big ask. I will top up if it enters that price range. That is less than 1x earnings based on today's io price and exchange rate. I know everyone says io is doomed but they've been saying that for a year now and prices are up to $130 a ton or about 1.8x higher than the low of last year (if you look at it in aud. Blooming economists just can't seem to predict the future properly. Perhaps their crystal balls must be cracked.

    I feel like buying gbg shares can be compared to shopping at the $2 store. Prices are great but the quality is terrible.

    Jmho- dyor
 
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