RE:RE:RE:RE:19k shares traded in 3 hrsRoscoe747 wrote: Astute, Maxmoe. Since GXE began the Strategic Initiative, the stock price has faltered significantly but the fundamental metrics have not. This play is either in support of a potential purchaser or to capitalise on a successful completion of a new business arrangement.
What shareholders need to understand is that a Strategic Initiative is merely a process of defining an entity's options and choosing the most accretive. It is by no means a 'forced sale' where the corporation is forced to sell off assets or the entire company to forestall default.
Gear Energy is still an attractive Cash Generating Unit. As part of a larger entity it can generate certain efficiencies but as a stand alone or with a business arrangement that allows it to grow, Gear is still very profitable.
Good post!!
Gear Energy is still an attractive Cash Generating Unit. As part of a larger entity it can generate certain efficiencies but as a stand alone or with a business arrangement that allows it to grow, Gear is still very profitable.