GTP great southern limited

gsl shares bombed out

  1. hm1
    9 Posts.
    Hey, has anyone seen the Financial Review Article on Feb 3, 2009? it shows that GSL shares suffered a 12 month share price loss of 90.5% ! Not bad, Uh....and executive management sang the praises of the project/share swap proposal !!

    As the article observes "Once you look at stocks that have bombed out, you then want to look at their debt position. If they still have a lot of debt, then you would want to avoid them."

    Just what goodie3shoes has been saying for some time....
 
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