Something wrong with the market. Look at the last quarterly. What is GDM's value?
UNX@$2=$66M; CNI say $25M: Cairn Hill say $25M; Cash $7M. All this equals $123M. What about everything else - Lonmin joint venture has not been taken into account; three diamond rigs about to start drilling; plus large laterite nickel deposit proven? Say CNI comes on double that equates to $1 per share assets to GDM. Regardless GDM is worth at least that plus blue sky; $1.20/1.30 would still be not over valued. Is the Adelaide - Melbourne "factor" still in play?
Something wrong with the market. Look at the last quarterly....
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Last
41.5¢ |
Change
0.025(6.41%) |
Mkt cap ! $13.72M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 42.0¢ | 39.0¢ | $4.562K | 11.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12095 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 43408 | 1 |
View Market Depth
| Last trade - 13.20pm 23/07/2025 (20 minute delay) ? |
| GDM (ASX) Chart |