I resurrect what I have posted last year about the GXY circus and its suspensions and ongoing viability. I consider GXY to be a penny dreadful stock based on its shareprice performance over 2 years, several capital raisings, register dilution and treatment of long suffering shareholders.
You only have to go back to last capital raisings and dilution and the golden handshake for Iggy Tan who must thank those shareholders for stumping up the cash.
GXY Price at posting:
6.7¢ Sentiment: Sell Disclosure: Held