If AT and the board want to keep getting their bonuses and share options the will do everything they can to keep the instos happy. Us retailers are not a concern of theirs! By the way the valve of the company is based on its forward looking value, so how did the short sellers know that a perfect storm would hit when AT and MR told us otherwise? Delayed optimising, delayed SDV settlement, delayed SDV construction, lower forecast production, un fulfilled JV for SDV, lower gross margin on sales, production of spod stalling. This is just me putting my 2+2 together Before any one says that not all shipping data is shown or AT said we would meet production targets this year, then explain why MIN & A40 are showing theirs as well as all the iron ore, fuel, cruise liners and wheat shipments etc , also point out what announcements/ targets AT made last year that were met. Sorry but this board deserves an F
Did I forget to mention how cocky AT was that they had 70 interested parties in SDV all 2018 and the towards the end of the year he changed it to he is still open to other companies expressing an interest in it.
GXY Price at posting:
$1.98 Sentiment: Hold Disclosure: Held