What about the "story" holders are spruiking? The fact is the company had 40 parties interested in SDV and none of them offered anything remotely close to what GXY was looking for. Are 40 parties wrong? As per the conference call, GXY now says it will likely have to meet somewhere in the middle between its expectations and the market's expectations. SDV has been significantly devalued. Using the POSCO sale to value the rest of SDV is so utterly wrong it's bordering on misleading.
GXY Price at posting:
$1.60 Sentiment: Hold Disclosure: Not Held