Meant to be a public company where being a shareholder is meant to be beneficial.
From what I can see we're just used to make shorters, day traders and the board wealthy. They gambled money (A40) and there hasn't even been any measures made to ensure this crap does not happen again.
The new Australian way of doing business seems to be treating shareholders like cash cows. Seen in the last year so many companies drop 90%+ of their SP and yet the board etc is always silent while pulling in their $250K+. No doubt they'll be locked down on full pay while playing solitaire or minesweeper.
GXY Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held