Yep this is the problem at the moment. They have just about wiped out 11.5c so it would appear 11.0c is next on the agenda. So with this knowledge why would you buy at the moment. Caroline Fargo are showing that with time they are desperate enough to sell at any price.
So the only thing I can see stopping this is with the next quarterly and with that showing cash flow positive and at nameplate, then a big dog to run the figures and work out this is a truly undervalued company.
If not and the way CF are selling it could take up to 18 months to unload.
I'm still betting on a good quarterly and go with the old saying "Build it and they will come"
GXY investing in A40, page-22
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