IF we do a CR for $120m to get things moving, then use existing cash flow to complete it, that's only a 10% increase of shares on the market. IF the SP dips you can't see it going further than this, else I'll buy them all...!!
There is also the suggest that the SP has already dipped from 65c to 59c and factored this CR in already..... Hence the SP opening flat on WED after first hour of hysterics subsides.
GXY Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held
