I sold my shares in this company luckily at a profit but i will not buy them again.
They have in the past issued shares to retail and institutional investors and the directors at a discount to market price but have never offered the same to ordinary shareholders. Based on this expect a private placement at a discount price.
I hope for the sake of ordinary shareholders that this time they will include you in the issue.
Maybe they might surprise us all this time.
Happy trading
GXY Price at posting:
59.3¢ Sentiment: None Disclosure: Not Held