GXY 0.00% $5.28 galaxy resources limited

an open letter to iggy tan and the gxy board., page-25

  1. 10 Posts.
    I just wonder what going into administration will do for any retail shareholders like myself. From my experience, Kagara being my example, they folded over 12 months ago and i have nothing to show for for it and never will. Maybe Galaxy is a bit like Kagara in that it could have been a robust profitable company but spent all its money buying assets and ran out of cash. One question i have is if I take up the share offer but not enough money is raised in total to save Galaxy's ass, do i lose that money as well as what i have invested already? That would suck.
 
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