No matter how many Gnoblars meet the endless variety of violent deaths promised by the hostile lands of the Ogres, there always seems to be plenty more ready to take their place. As such, the general response to a fleeing Gnoblar is a hearty belly laugh (or high-pitched giggle - Gnoblars actually get a real kick out of watching other Gnoblars run away).
Source: Warhammer Fantasy: 7th Edition
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Gnoblars do not cause panic if they are fleeing, if they break from combat or if they are destroyed, even amongst other Gnoblars.