So true!!
Big selling volumes going through at $0.008
Once that level breaks, it does not look pretty especially with the 1.6bn options expiring in 2 months - I see increased selling pressure due to this.
I don't think GMC releasing an announcement with the keyword "DSO" will do much to help, unless they actually manage to achieve it - but this looks extremely unlikely going off their recent history.
Really sad time for holders unfortunately.
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- Ann: Gulf Corporate Presentation February 2019
Ann: Gulf Corporate Presentation February 2019, page-15
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