RE:GAMBA FACTOR IS ALIVE AND WELL..!!!Not operating at a loss. Their adjusted income is well above 20 cts per year. But they have paper losses with fluctuations of USD / COP, which entail deferred tax expenses when the COP is going down.
The big problem is not here. It's the way Gamba manages the co in order to favour his buddies (or himself). By example, he made in February a risky move : he bought back 5 millions shares in one day when the NCIB allowed him less than 100,000. Then he stopped buying back shares for the co and let the SP go down. I am sure his buddies are now buying back quietly on the market, with a 1.30 profit !