...my hypothesis only: went into suspension expecting protracted negotiations over the required finance to move forward. The market being sensitive to long periods of inactivity would have resulted in falling SP, impacting the negotiation. For the same reason the suspension continues while finance is sourced ...lifting of the suspension now would cause the SP to tank and adversely affect the finance seeking process. The suspension will be lifted once the finance is secured, thus avoiding a major drop in SP due to GSL having regained a strong position. If I was RC, I would be doing the same ...the guy is out there busting a gut for the company and share holders. His actions are in consideration of loyal long term holders rather than day traders. The company has come too far, too many irons in the fire to fall over. I believe RC will secure the finance and GSL will move forward with a more solid footing. Just one man's opinion.
GSL Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held