I suspect a lot of people from the last Li boom gave up on GXY when it was sub a dollar. It's took some nerve to hold on through those days. I loaded up quite heavily and for some time was not sure if I had thrown good money after bad. It was the money in the bank that convinced me they could weather the storm. Maybe management not doing anything for 3 years was a blessing? Haha!
I hope in the merged entity Simon Hay is given the freedom to keep on with SDV unhindered by the new bosses.
GXY Price at posting:
$4.38 Sentiment: Hold Disclosure: Held