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clock Created with Sketch. 27/11/18
09:49
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Originally posted by jackfisher1:
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If you look at the chart it's really bad but the market has over reacted quite heavily to the recent news. GCY is very oversold, I really can't see the share price dipping below 0.087 cents. If shareholders are prepared to wait out the volatility in the market at the moment and buy at the current levels in 12 - 18 months time this will more than likely pay 2 or 3 bags.
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Can you please specify exactly why you feel there's less risk in GCY today than AMI back in 2015? Is it because GCY is not facing legal proceedings like AMI did?
