I think GXY high chance of takeover around $1.60 price.
Its look like repeat of the history when previous management sold their converter in China and become 2c share as that time excuse was debt.
This time GXY does not have any debt or any other excuse to sell it cheap. So, slow death option is picked.
I am still hesitate to tell all insider job but for sure management has issue.
Now I maintain very small portion to keep track.
