Rather than spending 70 or 80 million dollars of shareholders money in building a bicycle battery factory, GXY would have been better off and so would its suffering shareholders if GXY aimed for the top and built an ecar or power grid battery factory to achieve optimum value out of the rising li market.
Imagine what Mercedes Benz or BMW would be today if they only produced bicycles! In the early 1930's henry ford said that if he had produced what the market wanted that he would be simply producing a better horse and cart.
Cheers Moorookamick Sligo.
GXY Price at posting:
23.2¢ Sentiment: None Disclosure: Held
