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Chamberskob

1,017 Posts.

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20/04/17

21:23

Post #: 24179616
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Originally posted by minoil ↑

dunno if GUL ever got a mention here...........
off the top of my head....capped at under 2M, but has 2.4M cash, and other assets to push that figure to say 4M.....plus, an increasing royalty from the Deflector mine....
Directors have a big hold, and dont seem too active.............
When the SP falls to these levels, around 1.3c, there becomes an effort to prop it back up, usually pushing it over 2c..............then, rinse and repeat.....watch for it again....and regardless, its a cheap, income producing shell..............very illiquid

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My DD Looks good Minoil so took a little bite today will be watching for a chance to get some more .
Cheers for the tip boss!
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0 Great analysis

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