GBG
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0.00% 2.9¢ gindalbie metals ltd

the chinese are laughing, page-2

  1. Gindaldan
    5,239 Posts.
    lightbulb Created with Sketch. 1030
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    19/04/13
    15:56
    Post #: 11667367
    If it was so cheap they would make an offer for all of GBG..

    They didn't buy it 'on market'. Just another placement maintaining the same % ownership since early 2009. Nothing new.

    The risk with GBG is working capital. Not to mention the analysts dire predictions with LT iron ore prices. Neither bode well for GBG at present.

    My average buy in is well over 100% the current shareprice. I hope for a recovery in confidence.
    GBG Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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