Look GJ did put his money where his mouth was. But still doesn't change the dismal performance of GBG. He purchased about 1,000,000 in the 40 cent range by memory.
Recently another 500,000 post the 25.5 cent placement at around the same level.
I just hope they can deliver what was promised without further hiccups.
The capital management of this company has been terrible. No one can deny that. They have always raised money at low levels and never ever sort to raise money when the market capitalisation was in excess of $1 billion.
GBG Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held