GCY 1.82% 54.0¢ gascoyne resources limited

News: GCY Gascoyne Resources Says Co To Undertake Share Purchase Plan To Raise Up To $5 Million, page-27

  1. 915 Posts.
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    cTed
    I think what you say is very valid
    Not even playing field. Never has been, but now worse than ever.
    I know its not a consolation but I personally invested long term. I was never going to sell during ramp up or even first year after start up. Having said that, I am very disappointed as to where sp is and this cr. As you say 80mill extra shares for this company is a lot to absorb when the sp increases and the selling starts. I am going to sell now and buy back. Take capital loss,and look not to sell for at least 12 months. Hope we are in much better position. I did not expect this but now have to make best of it and move on.
    I do feel for those that relied on sp increase thru ramp up. You would expect that. Hope there are wins with other stocks.
    Glta
 
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