Lynxx;Appreciate your point of view and for keepig it civil...

Lynxx;

Appreciate your point of view and for keepig it civil etc.

Having not had the time to really add these figures it makes interesting reading.

As far as dilution, well it only matters if those placement takers are keen on selling. No-one thus far has and the register remains firm. After this dilution has a occured if there is a very noticeable and consistent change in vlume and declining SP then i would say your assumptions are correct.

The company will still have a small register (under 200m).

However, if they hold and imo based on recent history that they will, then GXY SP will continue to appreciate given the confidence it will convey to the market.

By the way i have no problem with you changing tack or opinion of the company (short term SP)as this is what makes a market. Your long term picture obviously indicates that your still bullish on GXY.

Time will tell.