GBG 0.00% 2.9¢ gindalbie metals ltd

disgraceful as the wise man gindaldan states!

  1. 452 Posts.
    On the 15th March they made their announcement of a cost blow out and the price was 1.01

    Then it takes them three and a half months to make a further annnouncement that there will be a rights issue which we all knew was coming anyway

    Result the share price is down another 18 per cent.


    We now have our third rights issue coming up and a massive dilution for the shareholders again and we are told that we find out in a few weeks what the details are!

    What happens the share price goes down again today in a recovering market! Great timing boys!

    And they call this private industry where we have accountability and transparency! A joke!

    Where is management accountability?

    Sorry I forgot the management team blamed former C.E.O. Gareth Dixon and he took the fall!

    Disgraceful as the wise man Gindaldan states!
 
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