GBDX-Increased demand/only 75M float. No brainer.
Great PR-To have to delay an office opening for 2-3 days because of increased demand from retailers is a problem all business' which they had. GBDX being a wholesaler of diamonds, increased demand from retailers signals even a stronger consumer demand than originally expected.
The strong contracts that GBDX has with russian cutters and exporters; combined with the new change in the russian law for a larger % of rough cut diamond exporting, wow.
Short term sell off today from flippers. IMHO, larger share holders retaining and adding at these levels. When revenue estimates in millions monthly are announced shortly, lookout!
Best Regards
Not a buy or sell recommendation. My opinion only.
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