GLB 0.00% $2.70 globe international limited

i watched this many years ago, and gave up. Surprised to see it...

  1. 52 Posts.
    i watched this many years ago, and gave up. Surprised to see it back to some semblence of credibility.

    i think it is Dec-09 accounts slowly sinking in. At $27m market cap, and $3.2m EBITDA for the half AND $13m in the bank this doesn't have to do too much more to be cash backed.

    My guess is this will be privatised or sold if they don't get more interest from the market, and results continue. Interesting BBG results today (US earnings crapped out in AUD translation), so will see how GLB go after they announce US earnings
 
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