First off I am not a psychic and have no idea where the share price will go, I have a set of assumptions that lead me to believe a buy is worthwhile. If the assumptions dont hold then ofcourse the company will go lower. It is a risk that I am willing to take, what is your position?
The main point of my post is the "All cost" post was incorrect as I had included all cash costs. Gindaldan is pretty good with valuations and he is saying sell for now, which is fine. At least he is using a real valuation method.
If you can disprove my valuation method I would love to chat (you would also be disproving the entire finance community but go for it).
GBG Price at posting:
9.5¢ Sentiment: ST Buy Disclosure: Held
