Why does it take four days for the company to respond to an AFR article (initially published Friday)? If someone posted rubbish about my business I could pretty well respond in hours. I would have worked all weekend to get the wording and facts straight. Me and my Board would have gamed the response as a priority and not wasted a single minute.
The cheer squad here for GSW seem to be made up of newbies with minimal posting history and/or an apparent predication to back slapping and name calling. You ignore the alternate arguments at your peril.
Either way the damage is done and unless there is revenue (not interest from bank deposits) flowing soon its a train wreck for investors who bought the announcements without really looking at the intrinsic business. Show us the money guys. The AFR are no fools. Read the tea leaves boys and girls.
GSW Price at posting:
$2.92 Sentiment: None Disclosure: Not Held