I am definetly as frustrated as the rest of you, it’s one thing to say be patient but this is craziness. Iv been thinking what would the implication be of having around 400million in the bank... although this is a massive positive dosnt it also make us the best TO target around? Surly they would want to take that target off our back and get rid of some of that cash?
To me what makes the most sense is a share buyback program, it would decently give value backcto holders, yes it would mean loosing some of our cash but it would also mean an increase in the SP, both of which would make GXY less appealing to a TO. Wouldn’t it?
GXY Price at posting:
$2.33 Sentiment: Buy Disclosure: Held
