@Disel The maturity date for the convertible bonds is 19th November. At this moment GXY is not a going concern, it has quite good cash and guaranteed income in coming years. No body wants to kill a cash cow, so hoping bond holders will renew with similar existing condition anytime soon. For GXY turnaround we only need management's honesty and integrity to run the company. I still remember how GXY went down after china factory accident and all the false hope from the management then selling of the factory in much lower price. Unfortunately as a small fish we become prey of big fish.
GXY Price at posting:
7.5¢ Sentiment: Hold Disclosure: Held
