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0.6¢ gulf manganese corporation limited

Ann: Gulf Secures A$10.8M Cornerstone Investment, page-25

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Deano65

99 Posts.

9

28/08/18

09:35

Post #: 35224385
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Originally posted by MrWisemanSays ↑

Those who bought yesterday knew a huge ann was coming and that GMC is very undervalued. If you go back to november last year, The market was expecting a huge funding and an investor of that calibre such as this and the SP even reached 0.042 just on that expectation alone. Anyway do a quick research and Just on todays ann this should at least reach 0.035 .

The project is now fully derisked and with 2 major local investor on board this should reach last november's Shareprice of 0.042.

GMCO is very attractive if you can get in for cheap

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I think you’re overvaluing it quite a bit, there were only half the shares in the game when it was 4.2c

Last edited by Deano65: 28/08/18

GMC Price at posting: 2.2¢ Sentiment: Buy Disclosure: Not Held
2 Upvote

0 Great analysis

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