invert, dont forget they still got their bonus options for the hong kong listing. At $2 from memory.. if anyone can explain how this option deal works i would appriciate it. Does the SP have to hit $2 to exercise them?
Market sentiment is real bad through all mining, retail, construstion sectors. Any announcement that is bad the companies SP get shorted and then crash. A good announcement gets a one handed clap with a 2 to 5% rise in SP, and an indifferent announcement (i think its good) like the latest one from GXY is met with scetisicm just in case its bad. again the SP suffers.
I think a rally is around the corner on global markets, see what happens then.
good luck!
GXY Price at posting:
18.1¢ Sentiment: LT Buy Disclosure: Held
