After drifting down over 6 months, the market has now taken a significant re-rating approach to GTV, lifting the price from a low of 70c to 98c (40% increase) in just a couple of months. Either, the market is tuning into the underlying value of the great free cashflow, continued debt reduction, and the stablity offered by the two cornerstone shareholders (TEN & PBL, each with over 24%), or there is something brewing and the insiders are accumulating.
I'm certainly not an insider. Maybe I'm just an un-repentant ramper!
Are there any other folk still keeping an eye on GTV?
Woodsman
Disclosure - I hold a significant tally of GTV after backing the truck up on the way down.
GTV Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
