I agree with ROEROC. No need for cap raise, but would be nice to reduce debt. They spent half their profit on capex in the last half - all they need to do is reduce their capex and they will pay down their debt.
Sab8, have you seen the the company's debt covenants published somewhere, and if so, can you share? AFAIK they are not available publicly.
Someone said buy on day 3. It is very good advice, I will try to follow this in future (rather than topping up at 4.45 and 4.22 and then running out of steam haha).
GXL Price at posting:
$4.03 Sentiment: Hold Disclosure: Held