Wow, in suspension again???? Sorry guys, just landed back onto trading world. But they were suspended in August under exactly the same conditions. WTH?
I believe in this management as I find their actions quite reasonable but my feeling abt this cornerstone investor after watching this saga is not nice. Why is management having to go through all this twice in 6 months just to secure funding from their cornerstone investor? I believe GMC will be in much better shape if they find a more credible investor.
I wouldn't worry yet abt money lost though. Just my thoughts.
Ann: Gulf Company Update, page-106
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