GXY galaxy resources limited

AGM, page-62

  1. vmp
    14,537 Posts.
    lightbulb Created with Sketch. 9659
    It's absurd that some Gxy investors lose money supporting a company that is
    -in a high growth sector of industry
    -has started producing with healthy margin
    -top management
    -going to achieve $100m free cash flow
    -etc etc etc
    And why? Because of legal market manipulation. I'm sick of this.
    So whilst there are pros and cons of a reverse split, whilst there are many case studies to demonstrate these, I'm just sick of it atm. So I'm more supportive of this consolidation and focus on the secondary benefit mentioned here
    http://www.investopedia.com/terms/r/reversesplit.asp

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    Last edited by vmp: 14/04/17
 
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