(1) Will HK listing (dual listing) be beneficial to GXY as this will dilute our current share holdings ? Is there any Chinese backer for GXY's HK listing ? (2) How well is GXY positioned in China at current Chinese market as there are 13 active similar corporations in China mainland and GXY is still a new company listed in 2007 in Australia ? (3) How large is GXY share base ? (4) Assume that HK listing is approved by HK Government, what will be the likely effect on our share price ?
I am a GXY share holder, and sold some last year at the highest price of $2.40. Bought significant amount recently after seeing LYC soared above $2.00 mark.
GXY Price at posting:
53.6¢ Sentiment: Buy Disclosure: Held