perspective, people, perspective, page-4

Thumbs UP mate....

On a similar note, I would like to add something very similar happening to another ASX listed company - LYC.

LYC market cap is now $1.4 billion and their plant cost was $250 million or so.


The risk profiles are different when compared to LYC and I will not go into specifics of LYC here as it is now well known. But the risk profile of GBG is absolutely minimal compared to LYC and it has spent almost $2 billion so far and yet has a MC of $450 million.

This is nothing but trader/investor lack of interest. This means that should the sentiment change, this one can provide an excellent return from this point onwards.

I hold both, LYC and GBG. And I understand that LYC is (and is going to be for some more time) risky. Whereas GBG is way safer investment option. The risks with GBG are not environmental, nor quality etc etc.

Again, this goes on to prove that we investors are a funny lot. We cannot see an excellent buying opportunity even when it is shoved right in our face.