Agree, this whole shipping thing is a bit of a storm in a teacup in the grand scheme of things. A months delay in one shipment will not break the company.
There are many saying it's symptomatic of greater issues. Sack the CEO, communication is poor, GXY is crap, etc!! Guess what! Something has been done about it! The new CEO starts on 1 July!
I like the timing of this announcement. Just before the new CEO gets all his performance shares which will be priced as of the 1st of Julys low share price. MR buying as well. IMO, if not already in, the bottom is not far away.
I look forward to seeing the good news flow from now on!
GLTAH
GXY Price at posting:
$1.27 Sentiment: Buy Disclosure: Held