As it's been said over and over...There is nothing wrong with the GPZ 7000. It FACT...(something you very lose with) it's a great machine that finds lots of gold.
2 important things you seems to not look at...
1. The actual people using it are finding lots of gold. After it came out there were 2000 youtube videos mostly positive. Now there are over 4000 and they love it. Everyone lying because you say so? They are all dealers? That's a lot of dealers. You post 2 that didn't find gold and it's a bad machine.
2. Codan board...by LAW MUST tell the market if there is a 10% difference in the NPAT ests. They haven't done that. The next report should be 20-30%+ . Because the 7000 is profitable and selling well.
I agree the share price is shocking...all time bargain and 100% profit for anyone who buys but, it's low for other reasons. It's nothing to do with what you're talking about.
-The share volume on the way down was very thin and if you watched the fills, you'd see it was simply that. 5,000 shares would trade (be sold) and knock the price down 1 cent (1.7 million) . The board needs to do a stock buy-back program and that's it. They aren't.
-The company doesn't tell the market/shareholder any news. They are all high salary managers and don't hardly own any shares.
-The board looks to have lied to the market about Mr. Simmons employment history. This will sort itself out soon.
You repeat the same crap...you're simply wrong. The GPZ7000 is great and selling well. You said the last numbers (year end ) would prove you right. You were wrong! You didn't post...now...like all trolls...you come out when it suits you.
The new white detector?...read your own posts...you've been saying there a "new magic" detector that will blow the GPZ out of the water for a year. Link? How many have they sold? What's wrong with competition? Minelab has had it for 20 years. They are putting 20M into R&D...which I think is wrong but, they'll come up with something great in a couple years.
Everyone on here knows you repeat the same thing over and over. You also don't own shares so it's hard to take anything you say serious.
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