GBG 0.00% 2.9¢ gindalbie metals ltd

Surely you are over-exaggerating Paps. There are many reasons...

  1. 2,196 Posts.
    Surely you are over-exaggerating Paps. There are many reasons why a SP declines, some of them these days obviously because it is profitable for some. However if a coy is on the right track, metting deadlines and projections, and not begging for cash they are generally not a target, imo.

    There are reasons why a a coy becomes a target for those that thirst for a retreating SP but it usually is not forever!

    Look at LNC, shorted to shizenhousen, struggling for cash, lots of debt, then whammo, trippling in production, looking to be cash neutral by mid year and shorters burnt and in fact and accelerated rally.

    Look for GBG to show some positive improvements towards projections and cash flow and things will right themselves.

    You know how CCC has not been able to show this.

    Usually plenty of liquidity to allow decisions to be made with minimal losses. We are not talking about shakeouts here, long steady decline, but what usually follows a long staedy decline is a sharp re-rate and long steady rise, as long as the coy is making positive progress on cash flow people will be all over this, but it is the if, imo.

    Good luck holders, always tough coming into a share where holders have copped a beating, but better to be buying shares than sitting on the sidelines criticising, imo.

    Good luck holders.
 
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