Shame that you've put Alterego on ignore and other posters have bullied, and named called him. Though he's a bit eccentric, it is good to see both sides of the argument. I've noticed that GXY always becomes most discussed topic when he comes on and stir up a bit of passion in the forum.
It's also very good that Airconditioner has also put his thoughts up as well on GXY's fundamentals from consolidation to SDV funding, etc.
I am a bit unsure how Share price could hit $3.15 when 42.5c x 5 = $2.13 (post consolidation). Theories says market cap won't change but in real life it often results in share price falling and so I am thinking that perhaps it could fall below $2
Does anyone know how much losses GXY has incurred in the past? (is it US $150M loss?)
I noticed that Alterego's scenario did not include tax liabilities, or the recent $60M CR, but Airconditioner added $60M recent CR and potential offtake agreement.
It would be good if GXY could say why they want to consolidate the shares. This way, shareholders and potential future investors can understand.
GXY Price at posting:
42.5¢ Sentiment: None Disclosure: Not Held
