GLM 0.00% 0.3¢ gulf mines limited

he should be taken out

  1. 374 Posts.
    I have learnt that it was Raveleigh that has been the seller driving the sp down. I think it was done as an act of revenge and an attempt to thwart the new deal. He still has shares left and there are buyers willing to take him out completely. They will lie there waiting for him to come to their price until he's all gone. That may take a while but once done a large overhang will have been taken out. There should be more news soon so we'll wait and see how this pans out. GLM should be an income producing stock in the not too distant future, be patient.
 
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