GSL greatcell solar limited

dye pull the plug on springtree , page-21

  1. 12,592 Posts.
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    Hi all.
    Just spent an hour reading through various materials regarding DYE. A family member of mine has been holding for about 14 months.. and well. the SP can sum up his feeling on this stock. It looked oh so promising 2+ years ago.

    If I may, could someone please sum up its current position, it has $6mill of cash left, but I believe $21mil debt facility?

    Currently spent $17mil this year. So... the big question, when is DYE going to start making the $. Last broker report on their website is positive, sigh... except for the fact that has dropped 40% from what they reported on..

    They have great technology, I get that much... they have a joint venture partner.. is it simply that they are not producing.. or not selling.. appreciate any views and advice, really not sure what to 'advise' my family member to do (buy more, hold, sell etc)

    Cheers all.
 
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