GXY
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0.00% $5.28 galaxy resources limited

Ann: A40: $32.5m Strategic Institutional Placements, page-132

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  1. colinchi
    8,034 Posts.
    lightbulb Created with Sketch. 566
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    21/05/19
    06:49
    Post #: 38660458
    The reason for A40 raising money is because they are broke.
    Banks would not lend money...so its only customer and Galaxy
    gave them cash to keep going.
    If a miracle happens and they become viable
    Galaxy won't get a look in.

    Cheers
    GXY Price at posting: $1.62 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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