GBG hits 30c, page-3

  1. 390 Posts.
    Good to see a few posts on GBG. I mentioned this on hotcopper a few weeks back when people were selling based on Rivkins sell recommendation. I did some research and spoke to the MD. The company has a low pe, good cash flow, forecasted profit of $6M, debt free by Sept 02. They are also looking at two other projects. 80M shares on issue. The price has been holding fairly well even after Rivkin put a sell at around 28c. The company is a producer and has good fundamentals to add further value in the share price. These are my thoughts anyhow.
 
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