Banter and General Comments, page-4714

First 4714 Last

Share
Profile

Follow
Facthunter

4,033 Posts.

229

22/03/19

12:02

Post #: 37851373
Share

Originally posted by willgalante: ↑

Your assessment of where the negotiations are at, may well be correct. I think it probably is.But we don't know.It is possible that since we last heard anything discussions have stalled or even foundered. My point was the lack of clarity is as likely to give rise to negative sentiment as it is to be interpreted as neutral and potential investors may not sit patiently rather than go elsewhere.I don't advocate fanfare from the company when there is nothing to report or constant announcements which just devalue the currency of announcements. But the company has a website which reveals very little. There are plenty of avenues for PR.If the position is that discussions have now reached a point where a clear direction for the company is visible, and the number of interested parties has been reduced to serious and acceptable partners (or whatever), and as a consequence they are now getting into the fine detail, and the process could be 3,6, 9 months to consummation and people must be patient to get the best outcome,I would regard that as positive and worthy of revealing. It is real progress.If there has been no progress, and our advisers are still stuck at cullling the contenders ,or talks have gone backwards, (and silence invites that suspicion) we have a real problem.

Expand

Management have no interest in sentiment or retail, if they were looking for an exit or a CR the sp would be different.

GXY Price at posting: $2.00 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 224 more messages in this thread...

First 4714 Last

Add GXY (ASX) to my watchlist

Banter and General Comments, page-4714

Top Stories

ASX Market Close: ASX closes above 8,400pts on green Wednesday | Nov 27, 2024

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up