GMC 0.00% 0.6¢ gulf manganese corporation limited

Volume Boom, page-428

  1. 2,345 Posts.
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    @Soothsayer,

    I see you had this as a strong buy at $0.023 when you looked at the MC to see if you were paying a premium.

    You mention you researched the CR (which occurred at an effective price of $0.009 after including shares and free options).

    Can you enlighten me as to how you came up with a strong buy at $0.023.

    Given the recent debt issue of 25% for $6M, have you looked at what this does to your base valuation - presumably it would now be 75% of that?

    What was the basis of your strong buy?
 
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