Well..... So you can all ruminate as to why this share is not higher, come up with some fanciful reason why however it seems there is one undeniable factor.
The large number of shares and options that have already been issued for free to management and brokers must have a negative bearing on the share price.
Yes we can add to that poor communication with shareholders,
a concern of management wanting even more of the company for free
creating further adding to the dilution of existing shareholders investments,
the extra time period for keystone investor,
concern over managements understanding that they are actually employed by the shareholders, etc, etc
A lot of damage has obviously already been done
Just where would this share price be if shareholders took an interest and limited the previous free issues to only 10% of what management and brokers received.
Forget about imagining,
Move on and take action to protect the rest of your investment
Vote NO to all resolutions and send a clear sign to management to lift their game.
Management needs to perform for the benefit of all, forget quick share grabs that erode investor confidence, play the long game and you will be rewarded.
We will all be rewarded.
GMC Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
