I wouldn't blame the media for the troubles at GSW. Unfortunately it's management all own doing by over promoting and under delivering and being incredibly naive and really have no idea how to run an ASX listed company. The 4C itself was weak and really not up to expectations and the recent announcements were unsatisfactory in answering ASX's queries. The story was fascinating until management started to fail at its obligations and that is informing the market and providing complete transparency on all the contract wins and losses. In the end there are no winners here and unfortunately there is only one outcome from here....no one will (apart from existing die hard supporters) ever trust this mob again so needs a complete overhaul
GSW Price at posting:
$2.92 Sentiment: None Disclosure: Not Held