GXY galaxy resources limited

future takeover at play here..., page-9

  1. 156 Posts.
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    I side with Salty. The problem with watching a sp fluctuate is that it induces panic. If you are a gambler I can understand that. Ask the question, what has changed since the capital raising?
    We were all made aware of outcomes depending on the potential amounts of capital raised. During the CR, management renegotiated a deal with the bondholders (positive) and since CR's closure have succeeded in further placement of the shortfall (positive).
    Management have stated where the CR shall be allocated. I am not aware of any significant changes to their plan or outside influences (eg world price of lithium)that would make the sp so volatile.
    Rationale thinking is to hold and potentially buy shares from those who panic as long as the game plan remains constant. Which it has and since the CR we have only had positive announcements by management.


 
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