And on Denis investing in the company, I'd rather that over soph's any day.
You only have to look at any other thread on hotcopper at the comments after a cash raise. "The soph's are in it for a quick buck, they're dumping at 50% gains. Once the soph's get out this thing will fly" etc etc
Do you prefer to see a significant portion of the register in people's hands who could care less about the coy, or would you rather them held tight by the very people doing everything they can to add shareholder value, and in turn, increase their own wealth?
I also would've thought that having your own skin in the game would spur you on to do all in your power for the SP. The alternative is to go down the road of cash raises and exorbitant salary for the executives. In other words, 'a lifestyle' company. Something Denis has claimed GGX is absolutely not.
I'm sure dilution is a concern for Dennis and the main focus will be to limit this where possible.
Having said that, there will come a point where GGX needs to acquire funds to develop its assets, its at this time that you'll see the new names come onto the register.
Again, good luck to all.
GGX Price at posting:
3.0¢ Sentiment: None Disclosure: Held