Excellent set of results...
Results What can I say..One year ago sp was at 170p, today results bring a new mine into production, 5c dividends, and a net profit increase by 57%.
Tip Rld [link] you think?
Re: Worth buying for results? probably charts.
Re: Worth buying for results? Reasons please
Re: Worth buying for results? sitting on supp 140..however wont buy..think will breakdown to £1...
Re: Worth buying for results? Wish I knew - but pretty well all the small/medium UK companies had been hit hard over the last 3 months.Ultimately, despite all the uncertainty world-wide, the drop is solely due to GEMD share holders being prepared to sell their stock at increasing low prices - some through stop losses and some just to get cash to top up on stocks hit even harder, or just to pay bills.The level of capital losses (on paper) is frightening - quite a few people, I suspect, are accumulating cash or bonds with a plan to re-enter the market much later at new low points. Personally, I can do nothing but wait for a recovery... ultimately, GEMD should make good profits which should see the share price increase as free cash grows, especially if dividends start to be paid.