GBG 0.00% 2.6¢ gindalbie metals ltd

1,495,000,000 shares535,492,521 shares held by AnsteelSo...

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  1. 723 Posts.
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    1,495,000,000 shares
    535,492,521 shares held by Ansteel
    So 959,507,479 (non-Ansteel) shares at 2.6c = $24,947,194.45
    GBG half yearly accounts $33.1m cash and equivalents.
    Coda gets $10.0m
    Ansteel get $23.1m (from GBG) so costs Ansteel $1,6m ($24.9m less $23.1m)
    What a rip off.
    NO WAY.
    Ansteel have 35.8% of GBG and therefore should only get $11.856m.
    We have been sold out.
 
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Currently unlisted public company.

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