Historically GBG has been a leaky ship with insiders. Losing 10 percent on Friday and seeing MMX in a halt on Monday suggests that GBG have some form of involvement.
GBG doesn't have the capital for Oakjee, we have sturggled enough as it is for Karara. This is one of the dog ASX 200 stocks of the last 8 months, not to mention the most appauling management of cash through annual low ball significant capital raisings. SHAME on you management, and thanks for costing me a fortune. Given the SP performance one would believe Iron Ore is back to 2008 GFC levels.
GBG Price at posting:
51.0¢ Sentiment: Buy Disclosure: Held