But for the lack of clarity in GSW announcements, this debate would not be necessary. This lack of transparency and understanding of the corporate entanglements is at the very heart of the current problem and is the reason why the ASX stepped in.
Disclosure ..
I invested on day 1 in 2016. I was a believer. I lost faith in management when the directors attempted to appropriate "in the money" options. IMHO I thought their projections for deliveries for CBA and NA Williams were too ambitious, with the unrealistic, underlying assumption that they would capture 100% of every logistic event capable of being captured. The claims did not appear to be supported by reports from a professional accounting house. Jamila Gordon's surprise resignation without explanation was the final alarm bell for me. I am neither "short" nor "long" but Id'd like to be on the SH register again. The horse may yet be a champion performer, perhaps with a change of trainer and jockey.
GSW Price at posting:
$2.92 Sentiment: Sell Disclosure: Not Held
