gxy moving backwards, page-3

Very relevant points.

I for one do not even respond to some of the downrampers that make a habit of attacking Galaxy.

Of course the shareprice has come backwards after a CR with a discounted shareprice. I consider this the normal pattern with most CRs.

Each an every investor has their own strategy for manageing their portfolios. I generally sell off shares when a CR is announced especially if shareholders do not get a piece of the action. This is because I know disgruntled shareholders will sell off as well. I then wait for the CR event to happen and then move back in when the shareprice has come backwards to the CR shareprice or below.

Galaxy is now IMO a buy price. Nett result, is that I can buy more shares than I had before at the lower price.

Bit of a gamble I know but when you have followed a share like Galaxy for a couple of years, you see a pattern of opportunity. Buying and selling can eventually get you 'free carried' into a company and Galaxy is one of them for me.

That all aside, one day I will sit on the shares. This will most likely occur a bit further down the track when we get closer to production.

As for Iggy Tan and management, I believe they have done a stirling job of bringing Galaxy to where it is now and in such a short frametime.

Each to their own but to me Galaxy will be a winner.

Good luck to all holders.