Hot Coppers, while obviously we don't have the full picture, I think we should also be careful of what we're asking for.
In the past months the main complaints have been:
1. We don't know what's happening, no management communication
2. The offer price was too low
3. Management aren't interacting with the media enough to boost the GBE profile.
Over the last week we have had:
1. Management communication to give us some more clarity, results, and anticipation of an experts report regarding the deal.
2. Increased offer to 40.5c which is above our current SP.
3. Press in at least 2 different media outlets.
Obviously the share price hasn't been boosted massively but you need to be clear exactly what you're wanting. There will be not much SP movement until after the EGM. However the EGM is the forum to set CLEAR expectations as shareholders and vote for the deal. After this, then we can track management against the expectations rather than this constant complaining and moving targets.
Regards
A frustrated shareholder who is acknowledging some improvement in perception of management.
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4.0¢ |
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Mkt cap ! $27.65M |
Open | High | Low | Value | Volume |
4.0¢ | 4.0¢ | 3.9¢ | $5.926K | 149.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
4.0¢ | 135596 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 20405 | 0.038 |
1 | 141949 | 0.037 |
1 | 152964 | 0.036 |
2 | 153054 | 0.035 |
1 | 50000 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.040 | 135596 | 1 |
0.048 | 3063 | 1 |
0.049 | 25000 | 1 |
0.050 | 25000 | 1 |
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