Iron ore is at new lows, he cannot control the price of the commodity. GBG's share price languished more than others due to the uncertainty around financing. Hes achieved this and did it without diluting us like the previous CEO, Garret Dixon.
Give it time and GBG will rerate, unless of course Iron Ore continues its freefall.......
Hopefully iron ore rallies to $130-$140p/t like the analysts are predicting.
GBG Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
