Management has to disclose if the deal is OFF - This has not been provided to share holders, therefore at this very time the deal is still ON (at least up to the last ann)
If we do not get an announcement this week as planned, the ASX should open up GMC to trade based on what we know to date ( IN DISCUSSIONS WITH PROSPECTIVE INVESTORS) - Another suspension extension should be out of the question.
I am expecting a deal - my thinking is that is will not be 10m (more like 5M) and an option to buy more going forward or a new party all together.
Could be very wrong, see how we go
GMC Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
