this is simply tax-loss selling ... the market needs an operational update --- a SP of 3 cent or 8 cents makes no difference to me at this stage.. GXY need to ramp up the plant in the next 2-3 months and we need some new facts about SdV ..some positive news from this fronts and the SP will rise back to 8-10 cents ... at the bottomline GXY need positive cashflow and the next months will tell us they are able turning the corner or not...
GXY Price at posting:
3.8¢ Sentiment: Hold Disclosure: Held