Thanks subi1 Read the news with interest I had shares when they had the last buy back from memory they were around the $2 $3 mark the buy back did not make much difference to the price then and they were just starting to pay a dividend but a year or two latter their share price went well above $10. They are in a lot better postion today with money in the bank and the out look with the low aussie dollar and on going demand for coal looks good. I have bought again around the $4 mark and intend to hold for the long term. Dividends should be good will this market sorts it self out if it drops below $3 I will buy more as I beleive the value is there.
GCL Price at posting:
$3.70 Sentiment: LT Buy Disclosure: Held
