Agree AC.
However, this bombardment has changed the investment landscape somewhat. We are now behaving like a speccy stock and not a true ASX200 stock. This damage to our investment reputation will take a while to repair.
I'm not worried about the capital I have currently invested, I am worried about investing new capital and for it to lay dormant for a prolonged period of time. This is how we should view the current price action - don't invest it hoping for a gain just because it has gone down 30%. Invest when it is on the way back up and the next likely move is up. By the looks of things, this may be a while longer!!
GXY Price at posting:
30.5¢ Sentiment: None Disclosure: Held