Hi Shania I have decided enough is enough. Bell IXL is the same mob whom tried to get into GLI October last year. A management tussle may or may not be good for shareholders but more importantly for me is that neither group appear to have a long term plan for GLI. This could be little more than a fight over the bones albeit there is a tidy sum there worth fighting over.
Looking at their half yearly report all up they are worth 22.7 cents per share. I am selling out at 19 cents. This is ok for me as GLI was primarily a speculator that I bought into at 11 cents.
The catalyst for me was another of the major holders pulling out.
GLI Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held