GXY galaxy resources limited

?mv karine bulker? expected wed 29th of june, page-45

  1. 5,757 Posts.
    lightbulb Created with Sketch. 257
    Moorookamick you know as well as everyone one else who reads this forum that Galaxy has been raising funds to build a very profitable company to take full advantage of growing demand for Lithium Worldwide and more specifically China.


    Shareholder value would therefore increase or stay neutral in the short term as cash is raised and invested in building this great company for the present and future Lithium demand.


    It is interesting Moorookamick that in your post 6859545 you state:

    Post #: 6859545

    "Otherwise, if these 88 mil shares are sold (presumably at a discount) it would amount to a further 27% dilution"


    And youre most recent Post #: 6872702 (after being caught out) you are now vaguely qualifying that statement with:


    Post #: 6872702


    "Similarly there would be a 27.24% dilution of eps if the proceeds from this sale were not employed to increase EPS proportionately."




    Could you please know ask the mods to amend your Post #: 6859545 and any other of your posts which presents this ridiculously distorted view of a 27% dilution in share value.





 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.