That proves the merge is a strateigic mistake. To position GXY as a vertical integrated Co., No.1 priority is to take market share with its end products from the plant in China. Instead, it went on to merge and put the share price from 1 to half its value now.
Someone asked a surprice announcement from Iggy to spike the SP, just be careful what you are wishing for, he might have a dig at your pocket to surpise you.
GXY Price at posting:
18.5¢ Sentiment: None Disclosure: Held