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Bullboard - Stock Discussion Forum Global Railway Industries Ltd T.GBI

TSX:GBI - Post Discussion

Global Railway Industries Ltd > Dissidents Selling @ $0.225...
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Post by 2guys on Jun 10, 2013 9:40am

Dissidents Selling @ $0.225...

Looks like selling out by the dissident shareholders at $0.225 was a smart move looking at today's share price.

 

Judging by the NOR share price, even with this management's investment successes, it hasn't done anything for shareholder value. 

 

Unless they get something going here, GBI could eventually end up like NOR I'm afraid.  Of course like any other overlooked stock, this could also be a buying opportunity.  It's anyone's guess at the moment.

 

Wonder when they'll call the AGM.  It seems to be a tad overdue.  JMO

Comment by 2guys on Jun 11, 2013 9:20am
One thing I believe to be a big positive with this management, and I believe is very important is, they don't reward themselves with huge compensation packages.    You don't find this in many venture plays.   Good sign, IMO.  FWIW, most of the recent quarter expenses for GBI went to pay out ex-management and for regulatory filings with the move to Vancouver.   ...more  
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