GXY were helping A40 so much, A40 management pushed the self destruct button rather than continue to be “helped”, by GXY.
Too funny.....I guess you own much more GXY than A40. BTW, I’m not saying GXY was doing anything illegal, just immoral. But companies are A moral, so “All’s well, that ends well”. Unfortunately, this has just turned into a giant mess.
A bit like the rest of the sector really.
The good thing I guess is that given the need for the product into the future and the good fortune of the lithium miners in Australia (great deposits et. al.), despite the incompetents of management, we will be right.
But wow. Talk about screwing the pooch......
How these morons front up each AGM and act as if they are doing a sterling job is beyond me. I guess the excess of wages counterbalances the need for introspection and pride in ones performance.
Cheers.
A40 Price at posting:
8.2¢ Sentiment: Hold Disclosure: Not Held