Ann: Mt Cattlin Shipment Update, page-265

Micdee
Unfortunately share market is all about perception, trust and confidence.
And the delivery of goal / forecast set is utmost important.
Eg. if a company forecast to make $ 800 k m but made $1.0 m, the SP will rocket when they make the announcement.
But if they forecasted $1.2 m profit but made the same $1.0m, the SP will get smashed.
This is how the market and human nature works.
A lots of missteps that occurred with GXY, basically (mostly) are self inflicted and pure incompetence by the BOD; whether it was ignorance or inept, it is unacceptable.