You make the point that GDO cant get out of the 30's but look at the shares that are on issue the mkt cap which is plus $280m plus (dont just look at the share price), MKO has 25% of the cash inbank and 15k market captial - lots of news to come through
I do like GDO and a PE of nearly 2 is massive, There is a few question marks against it with it being in South Africa, the company is also slow on news.
My mate who raves on GDO - Awesome1 who posts in this forum called the director personally and said please clarify tothe market that floods have not impacted production or he would pull his investmet and surprise surpirse management made an ANN about it
MKO Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
