GCY 1.82% 54.0¢ gascoyne resources limited

Takeover, page-5

  1. 7,303 Posts.
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    Puss, I won't deny it, I had way too much trust in management. My expectations were a bit unrealistic, but then I should have taken more profit than I did. 2019 was supposed to be 115k at an AISC of around $1100 AUD. hmph.

    Also, there were less shares back when it was $0.50, so the MC was less than $300m, but.. your point is valid.

    The market always gets things right in the end, sigh.

 
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