That was it. I was almost in disbelief when I read it on commsec i had to rub my eyes to check i was reading the number of pages correctly.
Basically what it comes down to is that if you were an investor in my opinion you don’t really know what you’re investing in. Theres no earnings stability (certainly not any that justifies a $2+ SP. You don’t know what you’re going to have quarter too quarter and the manangement are a joke.
The company long term may be alright but there is still a lot going on behind the scenes and a big dark cloud over it. There is no commentary as to if the Conpany were in compliance with the listing rules when the funds were raised.
Too risky to be long in this
GSW Price at posting:
$1.29 Sentiment: Sell Disclosure: Not Held
