GBG 0.00% 2.9¢ gindalbie metals ltd

GindaldanMy crystal ball forecast was just that in reply to...

  1. 2,942 Posts.
    lightbulb Created with Sketch. 29
    Gindaldan

    My crystal ball forecast was just that in reply to JOHNMCGEE'S original post.
    The $7~9 dollar forecast .....do I believe it will happen? ...well not for a long time if ever.

    We all know that the stockmarket at most times is irrational and that peoples emotion drives share prices.Now this is what i was getting at.....if someone wants to buy an overpriced share they will, and if a person instead of taking a profit by selling an over priced share doesn't then the result is the same...wealth destruction .
    I have stated before in a post..it should be a safe bet around its NTA value of about 35~40c.....If it proves itself ....probably a $1....some time in the future price.....TOO MANY UNKNOWNS!

    As for the company paying div's in 2014....to Quote "YOUR DREAMING"
    any money they get will be for debt payments and expansion plans.
    Watch for the next Cap.raising if share price improves in the New YEAR.

    DO NOT TAKE TO MUCH FROM MY LIGHTHEARTED POSTS.
    and certainly do not use them for investing advice.

    Sorry about ruining your cup of coffee.
 
watchlist Created with Sketch. Add GBG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.