At yesterday's closing price of $0.29, GBG market cap is merely $362M.
The capital spending so far has been exceeding $2.9B.
Wouldn't you think this stock is too cheap at only 1/8 of the money invested so far ?
With ships loading iron ore and revenues coming soon, I hope GBG management will be sensible not to do cap raising at this point in time.
Well, we can just hope reasonanle rational will prevail.
gbg as cheap as dirt
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