even if PWC get their report completed today i suspect it would either be released after ASX closed or 1st thing Monday. And thats only if the ASX allow the release. You would think PWC know what is required to satisfy the ASX listing requirements but of course even they are dependant on GSW management truthfull co-operation.
So a longer suspension is possible but the real aim is to get GSW back to a realistic market position. It is currently over valued given the very low current income level and lack of clarity around its future potential revenue streams, not to mention profitability.
So i made a good profit on selling GSW a bit to early ,but i do think the business has merit. So i will be a buyer when it relists and if the SP is realistic at around $1.00.
GSW Price at posting:
$2.92 Sentiment: Buy Disclosure: Not Held
