I didn't subscribe. Galaxy haven't demonstrated to me why I should throw good money after bad. The latest numbers in the quarterly dont fill me with positivity either.
The temptation was to average down, but i have been doing that since $1.11 so where does it stop?? If you step back and assess this opportunity with the goal to 'make money' then I dont see how this is a good opportunity.
I have instead invested today into a comapny that has positive income, growth potential and pays dividends........maybe less exciting, but makes me feel alot more comfortable than a gamble on GXY.
Looking forward to seeing the relisting price.
GXY Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held