GBG 0.00% 2.9¢ gindalbie metals ltd

gbg - an acquisition target for ansteel, page-2

  1. 12,153 Posts.
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    10% up today ... also, there has not been any big sell-off inspite of a string of negative announcements / delays etc that has plagued this in the last quarter .... people predicted it to go back to single digit but that has not happened ... could be someone buying at all opportunities ...

    when the sp is not in line with the opportunities ahead or the investment done so far, such theories are always around ... hope this one does not go through as a takeover as the most we will be offered will be double of the current sp when we know that once the current issues are sorted out, the sp will definitely be a 3 or 4 time multiple of the current sp in a couple of years ...

    its been a long long journey and if this gets swallowed now, it will be the case of drowning when you have almost reached the safety of the shores.... well, that is life and there are no guarantees unfortunately ...
 
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