goa building up, page-8

Yep goa price action has pretty much decoupled from any fundamental reality and now well and truly in the hands of traders who will continue the squeeze - all the all of announcements but nothing yet. Not even a 3b from any director buying - but holders were expected to shell out at the beginning of the year during the cr, and still losing in the deal. The only winners will be the big boys squeezing the price between a few ticks and will for sure stop any half decent rise if it comes. As for changes to ASIC rules - doubt that will help anyone since to date they are completely ineffectual. Really terrific when goa drops on a red day and then drops on a green day. Still holding but as yet not an iota of strategic guidance or direction - lets hope the island photos were worth all this - as it stands I am finding difficulty in how they will spin a story to improve the price and sentiment - there must surely be a better way than resorting to a set of aerial photos. Even half decent nev results failed to allay the market. And now hopes pinned on jolly tar and graphite. It is difficult to see now they have let the situation get this bad how they will turn it around - about all one can do is wait for the big boys to push the price up Down the road as they typically do at some stage and then exit. If anyone thinks goa can trade based on fundamentals in the future, would appreciate reading those comments. So far all the hype of the last two years has failed as we wait announcements. At a 90% discount year on year, suprised that the CEO/md doesn't do the right thing and work for free for a year - then height start to understand how many holders feel. Marvelous - we have this directorship, ASIC and the labour party collectively looking out for us all - just imagine the absolute crap we'd be in if they didn't.