GMC
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0.00% 0.6¢ gulf manganese corporation limited

I've been watching from the sidelines for a while. This wasn't a...

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  1. HairyRichard
    1,851 Posts.
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    28/08/18
    12:11
    Post #: 35231717
    I've been watching from the sidelines for a while. This wasn't a very good CR for holders. 700m shares at 1.5c wasn't the end of the world, but attaching 0.5c options on a 1:1 is silly imo. Mega dilution. But hey, at least it's not as bad as CIO's CR. I'll wait and see where this bottoms out before diving in I think.
    GMC Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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