I am under the impression that a large portion of shares are hold by 3 or 4 institutions. These institutions do not seem concerned about the daily SP IMO. I am more concerned about MC that the share price right now. I have been buying as I like the look of Vermiculite long term and think that GLF is worth more than 7-10 million.
According to the company we are finally starting to do some volume and I am hoping the quarterly numbers are very good. This business is all about volume and if we can get the volume up we will be in great shape IMO..
high risk I suppose but could also be a bargain at these prices, some good news could be well received. time will tell
GLF Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
