Not looking good for GMC, page-26

Hello @vegies,

Good to see a familiar face.

Yes you are correct, 18 months ago, GMC was trading at $0.042 and I thought it was overvalued (aka "downramp") to you and others.

It is now $0.01 (75% drop) since I suggested it was overvalued (aka "downramp").

Despite, this drop, and in light of my review of the recent announcements (specifically, the CPA with Acuity and the lack of cash, and lack of any announcement of substance over the past 18 months), I do still hold the same view.

Given the returns that GMC has achieved over the past 18 months, I do find it strange that you are still of the view that my comments are "downramping", particularly considered almost every other stock on the ASX has exhibited a positive return over this period.

Surely, if I was "down-ramping", the all knowing market would have proved me wrong?

Or you not a big fan of the efficient market hypothesis?

Wish you and GMC holders the best over the next 18 month period.

Cheers
Tt2000