i was just thinking the same, GXY has to be one of the worst stocks to hold IF NOT for what we know is the inevitable.
Seriously annoying me how this share price cannot hold onto to fair value. And for all the experts thinking this is fair value.. only time will show what has really transpired here.
ASIC doing a great job as sitting on the a*sses.
time will tell...
Good thing we are cashed up and dont need share purchase plans etc where dilution really hurts. As for a low-ball takeover offer, i think there are enough parties that would star a bidding war..
GXY Price at posting:
$1.94 Sentiment: Buy Disclosure: Held