I have written before about the manipulators oif this stock overplaying their hand/s.
And I suspect my suspicions about who they may be might well match your own.
I believe I was first (on this thread at least) to throw up the idea of a take-out by Ansteel at a 50% premium. I WAS NOT saying this was OK - the post was meant to be cynical - hence the moderation ...
I believe we make the same point. If this were to happen, then any future joint venture involving Chinese capital should be trated with the caution it deserved.
This business is worth a multiple of where it trades today. Ex poor communication from management (if your own management is not a spruiker of your project then who will be?) and overtly obvious manipulation fo the SP.
GBG Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held