Share Name Share Symbol Market Type Share ISIN Share Description
Gcm Resources Plc LSE:GCM London Ordinary Share GB00B00KV284 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  +2.00p +10.13% 21.75p 599,241 15:08:00
Bid Price Offer Price High Price Low Price Open Price
21.00p 22.50p 21.75p 19.75p 19.75p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -5.35 -6.10 13.7

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Date Time Title Posts
15/6/201916:25GCM - Long termers, banter & research33,639
14/6/201914:02GCM Resources - Now a Serious Takeover Target19
02/1/201901:31GCM - (Asia Energy) Phulbari promo literature107
01/10/201813:38GCM .... She's about to go BALLISTIC8

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Gcm Resources Daily Update: Gcm Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker GCM. The last closing price for Gcm Resources was 19.75p.
Gcm Resources Plc has a 4 week average price of 19.75p and a 12 week average price of 19.75p.
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 281,126 shares. The market capitalisation of Gcm Resources Plc is £13,672,274.24.
icb888: If you want to take the benefit of the shares that could be converted at 11p then you should buy Polo who have the right to convert their loan to GCM at that share price. Polo are at a massive discount to their NAV so a pretty safe investment and they will be the biggest beneficiary when GCM get the green light and the share price takes off.
jaknife: jayviperjayviper, If "NOBODY is interested in what your one sided opinion has to offer." then why are you yourself trying to put forward your own inaccurate one sided opinion? At least my comments can be proven by reference to facts: 1. The company is bust without an equity placing. We know this because they told us last week in the accounts: Https:// Read: "The Company has been in discussions with a number of parties interested in providing equity financing to GCM. Over the next six months the Company will seek new investment to strengthen GCM's financial position and provide future funding. Until such time, there remains a material uncertainty which may cast doubt as to the Group's ability to continue as a going concern." 2. The company has a convertible loan under which sharews will be issued at a mere 11p. Again a fact proven by reading the accounts! 3. There's another £1.5m of debt that's going to be swapped to equity. 4. A bucket load of shares at 11p would materially dilute shareholders and crater the share price! All facts. JakNife
mickb1234: "Today 12:08 Price: 27.50 Profit_profit 1,475 posts RE: Remember I've done what is in my ability. Emailed GCM, got their prompt reply. Spoke to Bangladesh people, got their views. I don't think i have done so much research on any other company in my investing life. Like i said left nothing unturned. Now GCM and Power China joint ventures must deliver their promise. BOG, Hasina cannot afford not go along with the Chinese government state owned company wishes. Remember Power China is state owned. China is one state Party. Bangladesh is Atm one Party rulers. No major opposition in Bangladesh now. So MMS wake up and smell the coffee, and stop holding GCM share price down." Research? Nothing unturned? MMs holding the price down? FFS another newly spiked idiot 🤣🤣🤣🤣 9315; research the share trading figures then all will be revealed 🤣🤣🤣
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.
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
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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