RE: Race against time5 Jul 2025 11:05
I am still concerned at the lack of any upward movement in the share price, despite apparent “good” news. The recent appointments, and the continued optimism about the product from the Board, especially the CEO, have left the market (and apparently BPs) underwhelmed.
Someone asked why GSA hadn’t closed its long short. I had assumed there was a time limit before the shares had to be acquired, but a cursory look online doesn’t indicate any term. It seems as long as the shorter continues to pay interest to the shares owner, it can continue indefinitely.
So GSA joins the other 2 IIs I am aware of who see no future for the Company in terms of investment. So why did the 2 recent (apparent top business people) appointees accept the roles? I can only assume the terms of their appointments suited them. Again, it does concern me at the “gravy train” taking place in the Company at shareholders expense. Let’s hope for better results than from some of their predecessors.
As a few others have said the next few months are critical.