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GXY AGM, page-86

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shades2

2,768 Posts.

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31/05/16

23:52

Post #: 17917912
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Originally posted by Nightmarez3k ↑

2:1 or 3:1 consolidation takes us to an SP of $1-1.5.

Then issue 200M shares at $1-$1.50 in hong kong.

This gives us about $200-300M.

It cuts shares back to 600-800M shares plus 200M in hk. Total 800M to 1B shares again.

This allows sufficient liquidity in Aus and HK.

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Will be at least $1.50 I would imagine, you have to leave some lee-way, don't want it falling back below $1 for any strange reason.

Last edited by shades2: 31/05/16

GXY Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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