Problem is the lower the SP price goes - the lower the CR will be to get the IO operation running (has the capital for this been confirmed?) and so begins the dillution death spiral.
Good to have balanced commentry however there has been some pretty shameless rampers on this thread.
Good luck all - I've lost a huge amount on GXN so I know what it is like to lose money with this management group - hope this company is the exception to the rule however recent history says it probably isn't.
CDB Price at posting:
1.2¢ Sentiment: None Disclosure: Not Held
