Once GXY shares are issued to GMM'ers there will be some who will/have to sell. Price will drop even further. Stop losses will be hit. Probably will drop like a rock, initially. Could hit 30c intraday. Certainly to the low 30s.
How do you figure that??
I'm not sure that "guessing" counts an investment analysis!!
The price will bounce.... cos I say so!!
GXY Price at posting:
42.0¢ Sentiment: None Disclosure: Held