GLX gulfx ltd

This stock was 15c pre GOM deal.Now 18 c after 2 for 1...

  1. acturtle
    3,800 Posts.
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    19/05/06
    12:22
    Post #: 1573561
    This stock was 15c pre GOM deal.
    Now 18 c after 2 for 1 reconstruction.
    No wonder when a zillion new shares were created at 20c post reconstruction.
    So original shareholders predeal have been shafted.
    To create wealth for who?
    A big fat zero mark to current management, irrespective of the new assets folded in.
    There was no need to bomb shareholders to do the deal.

    acturtle
    GLX Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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