Spot on. The SP, all SPs, fall for a good reason. It doesn't necessarily mean the company is bad, but its the short term outlook that determines the SP every day. According to posts here, the "instos" were keeping "a lid" on the SP to snap up GXY when it was trading at 45c. Clearly nonsense. They may have snapped up at 45 but if they did they got burnt (short term) like all the other short termers.
GXY Price at posting:
35.3¢ Sentiment: Hold Disclosure: Held