Management have no interest in sentiment or retail, if they were...

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Facthunter

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22/03/19

12:02

Post #: 37851373
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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.

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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
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Management have no interest in sentiment or retail, if they were...

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