GXY valuation - PE multiple, page-90

Actions speak louder than words. The managing director of Min sold approx $37 million worth of shares and the chairman approx 40% of his shareholding in the last 2 weeks. The original very optimistic DB report on DSO was absolute garbage and tried to sell the story of DSO without any factual basis. Since then there has been a wall of silence about DSO but the occasional indication from those purportedly in the know is that it is mainly sitting in heaps in china. The behaviour of Min towards GXY in relation to our once director Miss Xi Xi was imho reprehensible and on the basis of what comes around goes around I reckon Min deserve whatever ill fortune comes its way.