GXY galaxy resources limited
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trading halt, page-46

  1. wallee
    168 Posts.
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    02/04/12
    16:28
    Post #: 9930294
    this extra $50million will result in another dilution of the SP, watch it crash under 80cents again.

    Reminds me of Luna Park roller coaster ride back in the seventies.

    I agree with the earlier poster about getting some positive cash flow going, with a resulting rise in the SP and less dilution in the CR. Why they didn't go ahead with the DFS for their JV, earning 70%, then merge. Would that have been a better result for shareholders in Galaxy.
    GXY Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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