GXY (ASX) Banter and General Comments

Originally posted by Thesi: ↑

This is a company that also made a statement about shipping only a few weeks ago and it now looks like they can't even predict what they are going to do in the space of a few weeks let alone 5 year's time

Yep

They have abandoned the investors and hung them out to dry.

I tried my best by voting against the remuneration report, but, most investors don't vote.

We will have a new dude soon.

New face same shizzlez.

The company could have been great and made something of themselves.

But they didn't action what was in the initial agreement with Mitsubishi and get into down stream production.

Lithium chemicals production is key to being taken seriously as a lithium company.

I've ask, and was told tolling... We saw an announcement and it didn't happen.

I asked again.. should be something in the new year.

We are six months in and nothing.

I asked at the AGM 12-18 months.

These guys keep kicking the can down the road and keeping everyone on the hook with big things that never come to fruition.

They should be ashamed of themselves.

Especially asking for all those options to be issued and continuing to screw us all over.

What do they care?

Free shares, even if they get a few million out of this it was a few million $ they didn't have.

These guys just don't appear to be interested in protecting the interest of this that invest in the business.

I am sure after that capital raising that threw the anchor on the stock the institution's are livid.

So they don't need to worry about you and me poor humble retailer, they should worry about them.

But it's pretty evident even now that the company has be turned around and ravaged.

Martin almost didn't survive last time, I don't see him surviving next year and I highly down he will do the right thing and fall on his sword.

Expand

Very frustrating and lost opportunity for many for year and the half.
Hope this new dude will make a big difference form July 1.
It is a mistake not to appoint a operational guy earlier to run the joint, AT is just a saleman good at making deal and a bit of BS and empty promise, nothing else.
The Chairman has been asleep at the wheel for best part of the year, do not know exactly what he contribute apart from drawing monthly cheque and sharing bonuses even though the SP has tanked.
Not a word at the AGM on what actions the board are taking to look after the interest of shareholders, we are bashed by shorters for best part 2018 and 2019 and no action or any initiatives taken.
Communication is awful and remain awful.
Can the SP does lower ?
When are they going to update SDV ? - Next week ? Next month ? End of the year ?