Management have a lot of work in front of them to win back shareholder confidence.
Having said that, I can't see this going much lower than this.
We are just churning through CR shares and options. This will abate over time. The only trapped shareholders are ones holding before suspension. We are still trading in a 2 pip range since the massive gap down after reinstatement.
I bought some options yesterday due to the price. Happy to have a little more exposure, which has plenty of leverage. Plenty of time til the 2019 expiry.
GMC Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held