Next Shipment - 9th of July, page-26

Clearly most posters have bought at higher levels and are thus venting re shorting. I would expect a NPAT next year of 30 - 40 Mil based on the last report i.e. production volume x margin less admin and financing costs. In this context, a market cap of somewhere in the 600mil range seems fair value to me. As the market gets more clarity on the numbers the "blue sky" element in the share price tends to dissipate which gives shorters scope to make money. This is what is happening to GXY.



P