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GXY $2.66

The End ? 20 Not yet reasons

  1. CroMagnon

    264 Posts.
    Have a guess - out of the top listed holders (as per GXY website) who may say YES and who may say NO ?
    Keep in mind that if you are not listed there your vote probably doesn't matter.
    I shall vote NO as a matter of principle - as far as I am concerned they, Whitfield and Tse, can get stuffed with their deal.
    Since ECE (East China Mineral Exploration & Development Bureau) withdrew from a proposed investment in Dec 2012 GXY was on a down-slide. See http://www.asx.com.au/asxpdf/20130118/pdf/42chgpctphxkls.pdf
    M&G Investments and Deutsche Bank stepped in.
    What happened with M&G we know - will Deutsche Bank (DNU) follow this time round? What about JP Morgan?

    Mark my words: Below 1.5 c shortly after lifting of suspension. And my parcel of shares becomes unmarketable.


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