This is take over by stealth.
I bet plans between major shareholders are for GBST to take over.
No comment from CEO in yearly results, no talk of future prospects, no clarification as promised of recent announcements.
Talk of insolvency, having to borrow from Bank to pay staff.UXC flag that are open to ideas about what to do with their holding, GBST infer they are looking at other takeover targets.
It all sucks and points towards capituation at the lowest price possible.
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