GMC
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0.00% 0.6¢ gulf manganese corporation limited

Everything is normal when a company has enough cash to last a...

  1. tt2000
    2,345 Posts.
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    27/02/18
    20:36
    Post #: 31393156
    Everything is normal when a company has enough cash to last a year.

    Everything is not normal when a company has cash projected to run out by March (31 days away) especially when they have a $1.0M convertible note liability. This is called bordering insolvency.

    Let me get this logic, while most of the ASX is going up, GMC is going down, and you want it to continue dropping?
    GMC Price at posting: 1.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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