GMC 0.00% 0.6¢ gulf manganese corporation limited

Ann: Capital Raising Update, page-26

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 404 Posts.
    lightbulb Created with Sketch. 122
    This is a glass half empty/full scenario.
    1. Lack of good news means it's bad news.
    2. Lack of bad news means there is still the potential for good news.
    It's all perception.
    Deals take time, but then I gave the delay in the last deal the benefit of the doubt. However as delusional as some of you may think me for saying this, I choose to remain cautiously optimistic as the alternative is unspeakable and would have had to be released to us if and when it occurs/ed.
    My beef in my initial posts to this forum were against paying directors with performance rights and I still hold to that view, but if you want to look at the glass half full side of the equation, they have plenty to lose if this deal falls through and that puts them in a similar position to us to see this comes to a good outcome.
    Lastly, for people to say they are going to sell as soon as this relists no matter whether this is good or bad news is pathetic. Fortunes have been made and lost on people's impatience and fear so my suggestion is make an informed decision one way or the other based on whatever news is released and your own research.
 
watchlist Created with Sketch. Add GMC (ASX) to my watchlist

Currently unlisted public company.

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