RE:RE:$4.91Benedict16th wrote: More deep losses to come. After GBT investment debacle and more than 70% market devalued down the market/investors are now worried about a second next bad investment debacle to come for the rest of remaining 300 Million more or less. This company has been badly managed for a long...long time and it may continue for a long ...long time if MNGT remain thought .....I doubt it. Seven Years facts, charts and from $10.70 to $4.91. Serious losses have ben accumulated with wounded Knight. So when you read that some pumpers are accumulating they actual mean that they are accumulating seven Years of more losses
Expect a writedown of the GBT boondoggle, this is most likely why the market has dropped this turd down another 20%. By the time this disaster of a purchase closed it was already worth 25% less. How much is it worth today? And yes, the only thing from keeping this turd to going sub $1.00 is the cash, which management will be apprehensive to spend other than investing and lending a few million to companies trading 10-20 cents. So you can look forward to more of...nothing. One of the worst performing companies on the entire Toronto exchange the past few years an incredible difficult accomplishment with markets at record highs. Hats off..