GGE 0.00% 0.3¢ grand gulf energy limited

Ann: GGE Sep 18 Quarterly Activities and Cashflow Report, page-95

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  1. 31,600 Posts.
    lightbulb Created with Sketch. 142
    July 2004 6.53 obviously must have been condolidations along the way
    I just think when stock is cheap enough it's worth the the punt
    I like using 5 year chart and agree totally that it has been a terrible ride for holders over those time frames but for now reality is it's worth 3.8 mill plus has cash....for me it's a buy hold as not much factored in currently as 2.5 mill to list on ASX so halving that cost gives you 1.25 plus 2 mill cash 3.25 mill so not at all expensive....does not mean it's a sure thing but far from deadbeat if you are new to it....
    Thanks for your reply nothing wrong with different views that's what makes the market work
    Luck to all
 
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23 19418675 0.2¢
 

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