GDM is an unloved stock, no one wants to talk about it, which is a good thing on H/C!
Continental Nickel - TSV spin off = cash to GDM
UNX shares come out of escrow in Oct = cash to GDM.
Has drifted from my entry at 65c down to 60c, which sounds like a good top up opportunity!.
The broker valuation of $1.08 from Pattersons seems a bit light to me & with Cairns Hills Iron Ore due to come on 1st half of 2008, & GDM flush with cash perhaps we won't need to find equity partners for the other projects.
The SP could use some good news though to get things ticking along.
A bottom drawer investment
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Last
42.0¢ |
Change
0.030(7.69%) |
Mkt cap ! $13.88M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 42.0¢ | 39.0¢ | $4.814K | 11.93K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12095 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 42808 | 1 |
View Market Depth
| Last trade - 15.45pm 23/07/2025 (20 minute delay) ? |
| GDM (ASX) Chart |