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Share Name Share Symbol Market Type Share ISIN Share Description
Gcm Resources LSE:GCM London Ordinary Share GB00B00KV284 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.25p -0.87% 28.50p 3,352,099 16:22:47
Bid Price Offer Price High Price Low Price Open Price
28.00p 29.00p 33.25p 26.25p 28.50p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -5.35 -6.10 17.9

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Date Time Title Posts
23/1/201923:49GCM - Long termers, banter & research30,639
02/1/201901:31GCM - (Asia Energy) Phulbari promo literature107
01/10/201812:38GCM .... She's about to go BALLISTIC8
27/5/201820:59Will GCM get approval in ....JUNE ?6

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Gcm Resources (GCM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-01-23 17:15:0030.43500,000152,125.00O
2019-01-23 16:30:5529.001,724499.96O
2019-01-23 16:30:1029.009,7842,837.36O
2019-01-23 16:30:0529.009,7842,837.36O
2019-01-23 16:29:4129.009,7842,837.36O
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Gcm Resources (GCM) Top Chat Posts

Gcm Resources Daily Update: Gcm Resources is listed in the Mining sector of the London Stock Exchange with ticker GCM. The last closing price for Gcm Resources was 28.75p.
Gcm Resources has a 4 week average price of 22.25p and a 12 week average price of 11.75p.
The 1 year high share price is 69p while the 1 year low share price is currently 11.75p.
There are currently 62,861,031 shares in issue and the average daily traded volume is 3,621,916 shares. The market capitalisation of Gcm Resources is £17,915,393.84.
jayviperjayviper: C/O NasiRul off LSE board Subject matterToday 11:58 lots of guesswork on this board from people just trying to will the share price up or down. The latest spike is one of several similar patterns during the past 3 years. The reason. Tang is heavily influenced by his main investors, primarily Kilkenny in the early days, and now Dyani. When they need to shed shares, the only way for them to do it at a price that gives them value is to stimulate PI interest. The way to do this is is by releasing a positive RNS, which are well timed and truthful. This sends the masses scurrying for stock in the hope of the multi % gains. - Meanwhile, those bigger investors release the shares and enjoy the additional equity gained though the inflated share price - As those shares are sold then the share price drops like a stone back to parity. Thats it . Nothing more . Nothing less. The release of shares by Dyani is not due to them believing the deal is poor or not happening, but for them to realise some capital for the work they have done and to keep their share holding at a reasonable level. - They will hold plenty enough to make multi millions from the eventual outcome. The most important aspect to this share price is locked in the discussions between PowerChina,GCM & the advisors from the AL Power & Energy Division. It is my guess that these are now taking place, as activity in Dinajpur in relation to news items, local government profile raising on the matter and delegate visits to Dhaka for a variety of proposal presentations on infrastructure change & investment is far too frequent and high profile now. The key is however still firmly held by the Head of the Energy & Power Division, who's acknowledgement of the Scheme of Development , and in its consideration, is totally reliant on how much she and her close ministers benefit from it. - Not of course through bribes, but in those 'legal' benefits such as contract awards and similar lines of indirect income. In my view, this is actually extremely close.
behuge: Rampers or derampers have no impact on the future share price of GCM. This will be a monster company. £10 is the minimum share price will reach. Wait and see who’s right. BEHUGE is in da house
lurker5: No one on here seem to have the slightest idea that the power and coal projects don't 'belong' to GCM. They will 'belong' to whoever puts up the enormous capex needed, and GCM will be lucky to retain a very small proportion. If it raises even a small amount of cash to pay for its own proportion, the new shares will be enormously dilutive to the share price To think the 'values' quoted here belong to shareholders is a grotesque misunderstanding of the financial structure of such projects. I cautioned on the other side to look at the experience of the other coal-to-power groups - ORCP, EDL, Kibo, - where inexperienced pi's have lost vast sums because chasing such misunderstandings as apply here. No value can be placed on these shares until much further down the line when where the funds are to come from might be better known. The only ctp share with any chance of a successful outcome for investors at this moment is NCCL - which was in CGM's position about 7 years ago - but has been successfully negotiating all the hurdles still to come for GCM
888icb: We have seen some reasonable volume on several days in recent weeks as the share price started its move north. Then on Friday over 5 million shares were traded which is over 5% of the company and the share price went UP 49%. It is useful to remember that just 5 shareholders hold 57% of GCM(Dyani 19.3%,Polo 17.8%, Kilkenny 9.9% are the top 3). The number of shares in free float is relatively small and this lack of supply can have a dramatic effect on the share price as we saw on Friday. It is also highly likely that there a lot of long term holders who are holding for the green light. If the positive sentiment towards GCM continues with thoughts of JDA, Green light and/or takeover then the coming days and weeks should be very exciting and profitable. Good fortune to all investors and remember if it moves so fast you can’t buy GCM you can always try Polo. Polo already trades at a massive discount to its NAV and as such provides good exposure to GCM but with very low risk.
baxtea1: “Only small players and idiots are buying in social media or bb rumors.” But a lot of small players & idiots added together will move the share price. That’s the whole reason why the likes of gpback, searcher,whyast, Beeshoney etc etc do what they do. I bought over 200k shares over 4 years ago & that alone moved the share price from 16p to 19p. Thats not trying to sound billy big bolox, just an example of how easy the share price is to manipulate
davidpines: So much for the "big buy" An mou tends to have a boost of the share price on the day Idiots are left and then panic sell will cause it to collapse as its doing here nowAim is a scamYou need to know when to bail All this talk of pounds is ridiculous based on an mou shows how inexperienced many are hereTalking the share price up while sellingI bought yesterday and sold yeaterday amd correctly knew this was dumping the next dayDnt be left holding as it will be back down over nexg few days
888icb: The agreements with the Chinese have been progressing for sometime and so one would assume they are increasingly confident that they will succeed with the Power Plant and Coal scheme. The Chinese Company is close to the Chinese belt and road initiative of the Chinese Premier. There is an election due in Bangladesh in the next couple of months. Bangladesh desperately needs the power and hence the coal. It would seem that GCM may have an opportunity to move forward positively in the coming months reversing the recent poor share performance. Polo which is a large shareholder has see a recovery in its share price in recent weeks which could be due to some of it’s other investments such as Hibiscus but if GCM does come good it will be very good for Polo. Perhaps a Chinese Company will make a bid for GCM in order to take the project forward with out the Asia Energy baggage that has caused the major problem to taking this forward.
baxtea1: Today 12:44 Price: 22.75 ToeDipper 89 posts RE: ..not looking good in Dhaka... And if GL was granted and they didn't sell what is the potential these shares could reach in 12 to 18 months? Today 12:38 Price: 22.75 ToeDipper 89 posts RE: ..not looking good in Dhaka... Is general opinion that GCM will sell as soon as (if) they get a GL? What do we think the shares would be bought for? 2? 3? More? GCM wouldn’t sell if green light was given, why would they, been stated at AGM’s. SP on green light would see £3+ based on historical highs & taking into account GCM being a different beast these days. 12-18 month price is impossible to call imo as first commercial coal wouldn’t be due till 3 years after SOD approval anyway. Doubtful you’d see share prices as predicted in the cazenove broker note. Share price has been dilluted by 3 times, no longer any other assets & no longer any cash in the bank since those days. Still, massive return here on project approval. But being granted that elusive approval could still be years away. No evidence in my realistic mind that it will be anytime soon
legionnaire2: Pappiklon How do see the GCM share price upon a harmonious green light ? Are the Cazenove and other broker notes still in any way indicative ?
tburns: From that link Shaun "The reasons EE is important for Bangladesh are: (i) domestic natural gas is depleting very fast; (ii) despite having significant deposits of high quality coal, the country is unable to mine it; " UNABLE or UNWILLING!!! Change of President, change of attitude, how much longer can they ignore this gargantuan resource they are sitting on. Technology exists to extract coal in more eco-friendly ways now compared to the past. Some people will need to be relocated but for the greater good of Banga's economic survival going forward. Oh, and the GCM share price!!
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