Post by
lovehockey on Jul 27, 2023 10:30am
Small minded investors just exited the chat
Ok, so we have approximately 4 million shares sold to drive the stock down to 89 cents over slashed dividend. That represents approximately 2% of all GXE shares. What can I say - good riddance. Please never come back. If you were there only for 1 cent dividend and decided to sell an absolutely healthy company that made a dynamic decision to improve its balance sheet in a short term - you do not deserve to own this company. Gear will balance back nicely with everything considered. Selling it first day after the announcement is irrational. Waiting when it settles and regains its strength would have been much smarter.
At the end of the day we will gain much smarter investors who see the value in this company.