Agreed with the demand and potential of GXY. The problem is that MGMT is issuing themselves excessive amounts of options post-consolidation, to prevent their stock percentage from being lowered, and burning current shareholders in the process, while trying to attract new shareholders. It's better to be a new incoming shareholder after consolidation SP fluctuations, rather than hold shares through the consolidation (and pay broker fees associated with a consolidation).
- Forums
- ASX - By Stock
- GXY
- AGM
AGM, page-242
-
-
- There are more pages in this discussion • 228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online