GXY galaxy resources limited

?mv karine bulker? expected wed 29th of june, page-17

  1. 23,958 Posts.
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    That's contingent on the 88 mil shares which shareholders
    approved selling on or before mid August being withdrawn from sale.

    Otherwise, if these 88 mil shares are sold (presumably at a discount) it would amount to a further 27% dilution and the SP would likely take much longer to recover;probably after the first full quarter's posting of the li-carbonate
    factory profit & most likely towards the end of 2012 rather than the beginning.

    Cheers
    Moorookamick.
 
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