any other offers coming? Anyone else think we will see any better offers come to the table as we get closer to the deadline?
Vectorvest put GMI worth $2.73, it keeps increasing it seems... just curious of other thoughts. Vectorcest analysis on price is below. They still rate it a buy.
Vectorvest
Value is a measure of a stock's current worth.
GMI has a current Value of $2.73 per share. Therefore, it is undervalued compared to its Price of $1.64 per share. Value is computed from forecasted earnings per share, forecasted earnings growth, profitability, interest, and inflation rates. Value increases when earnings, earnings growth rate and profitability increase, and when interest and inflation rates decrease. VectorVest advocates the purchase of undervalued stocks. At some point in time, a stock's Price and Value always will converge
That insider Bruce Mitchell sold some of his $1.63 purchases at $1.65 the past couple of days....
from Canadianinsider:
| Nov 11/10 | Nov 10/10 | Mitchell, Bruce | Direct Ownership | Common Shares | 10 - Disposition in the public market | -606,000 | $1.650 |
| Nov 11/10 | Nov 05/10 | Mitchell, Bruce | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 848,900 | $1.630 |
| Oct 27/10 | Oct 27/10 | Mitchell, Bruce | Direct Ownership | Common Shares | 10 - Acquisition in the public market | 1,582,700 | $1.632 |
| Oct 27/10 | Oct 26/10 | Mitchell, Bruce | Direct Ownership | Common Shares | 00 - Opening Balance-Initial SEDI Report | |