Why would you hold and have a sell sentiment? Your just shooting...

First 20 Last

Share
Profile

Follow
rastus64

7,826 Posts.

67

23/08/18

07:47

Post #: 35112104
Share

Originally posted by Ted Baxter ↑

Mate- What don't you get about this??
What you've just written is complete and utter tripe!! DYOR - don't talk about it - go and do it!

They are issuing another 80MILLION shares at .30c!!!!

What do you think a good return on your money is these days 5-8% ? 10%? - pretty damn good (most credible Super funds are doing around 9-10%)
20% - fan-bloody-tastic!
So what do you reckon Mr Hartley's and other Instos are going to do when GCY Sp gives them profitability of 20% (36c)? I'll tell you - SELL !!! And run around the 'Switzer Olympics' with a big forkin gold medal around their chest!!!
And who is going to be buying in to give them their big profits - I guess you dopey draws!!

The price of AU is the same all over the world mate - it's only the exchange rates that differ!
And yes it hasn't gone down that much to warrant the big drop with GCY - the drop here was all about the CR.
Your posts are all contradictory!
Thomson Reuters had a year end valuation of 86c ,(as did the invested Companies such as Hartleys) Morningstar (usually overly conservative) had a fair price of just less than 50c . Price to book ratio of x1.37 -

All said and done, mate, - wasn't over-valued (as you claimed) until the CR - ( you know - the one that you and I didn't know about until it happened!!)
They should have issued a trading halt weeks before when the sp was nearer 50 when they decided they needed more cash!
I don't think you realise how long the queue has become before you make any money except for what you can secure at .30c if you were in early enough?
Did I say long queue? , sorry, I meant long, long, long, long, long, long ................queue!!

Expand

Why would you hold and have a sell sentiment? Your just shooting yourself in the foot. It's time to suck it up and move on.

GCY Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

Reply

Top Stories

WEC

HotCopper cautious as WEB Travel now says Deloitte holding up 1H25 results

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

ERL

Emmerson aims to drill 5000m at Tennant Creek, with 2 main targets in mind

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

There are more pages in this discussion • 17 more messages in this thread...

First 20 Last

Add GCY (ASX) to my watchlist

Why would you hold and have a sell sentiment? Your just shooting...

Top Stories

HotCopper cautious as WEB Travel now says Deloitte holding up 1H25 results

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Emmerson aims to drill 5000m at Tennant Creek, with 2 main targets in mind

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Featured News