GXY (ASX) Next ship named

Originally posted by Moneymaker1979: ↑

So I rang investor relations today and raised a number of points and wanted some clarity around the following

1) The share price is a disgrace
2) No communication to shareholders
3) Why are letting the shorts absolutely destroy the SP
4) How confident were they in relation to the business and future outlook

I received the following response.
They acknowledged the SP has been pounded, further annoucements will be made next quarter. They said that the business is progressioning well, and they are very happy and confident with the future outlook, they are focused on developing infrastructure and devoping their mines which will deliver shareholder value in due course, they are only going to make material announcements while they focus on delivering outcomes- the noise will dispitate and the shorters wll not be able to keep this up, the shorts are reducing at a rapid pace. AGM confirmed discussions with Tesla, however no final outcome at this stage.

I got the impression is that there is a disconnect between the SP and the how the business is progressing, perhaps the SP is lagging the company. I get the feeling that this is the last hooray for the shorters and we are entering into phase that will be a lot kinder to shareholders.

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These are token salemanlike reply and nothing new in its contents.
Like to see the back of AT for sure, under his watch and inaction and lack of business instinct and operation experience, the share price has tanked in decline mode for very long time time.
He did nothing but crowing about the past, Iggy Tan would have achieved the same if the spod price had improved 6 or 9 months earlier
We are screwed over by shorters for long period of time, and he just sitting on his hand and doing nothing, virtually nothing.
He talked about share buy back, but nothing eventuate, just talk and talk typical saleman BS
Communication still is a mess, no improvement.
They would have inform the market the reason why only 30,000 ton will be shipped and not the 45,000 ton as communicated at the AGM, but they choose to stay silent or inform the market on the 30th June, in the meantime the SP got smash because of uncertainties.
The classic blunder was the anticipated multi good news announcement that suppose to come at the end of 2018 esp the SDV deal,, knowing very well it is not going to happen weeks / months in advance, they dragged on and put out an announcement on the 11th hour i.e 31/12/2018 that there was no deal.
The update and progress of SDV again virtually nothing, it is the crown jewel of the company - no strategy plan and no time line.
The bottom line is, you simply can't put a saleman or a showman in charge of production and complex operation of a company.
If share buy back is the go, JUST DO IT. No point talking about it.
No point having lots of money in the bank but do not know how to use it to improve value or protect value.
Is like a multi million stallion wondering in the back paddy with no stud duty.