GBG 0.00% 2.9¢ gindalbie metals ltd

20 cents more and they will giving away shares. Sometimes you...

  1. 96 Posts.
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    20 cents more and they will giving away shares. Sometimes you just have to have a laugh otherwise you'll go insane. Insane is what the share price is beacuse it attributes no value to the plant and rail infrastructure after deducting the loans, no value to the resource of 2 billion tons of magnetite, and what the hell happened to the hundreds of millions of share capital raising. You have to ask yourself, who is selling? The institutions? They are below water. The shorters? I don't think they can push it this low as I don't believe retail shareholders are bothered to sell any more. Is it something more sinister? Are we being set up for a low ball takeover? With what is happening you have to consider all possibilities. The only certainty is that we are not being played fairly, and the silence and lack of announcements from the Board is a fair indictment on the quality of GBG's management.
 
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