GXY 0.00% $5.28 galaxy resources limited

Ann: Trading Halt, page-92

  1. 2,521 Posts.
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    All PLS CR's were released with improved drill results and increased quantity of spod. I went through the 200+ announcements and correlated the SP with the announcements. It did go up most of the time and only a little bit down on the others. The biggest factor on one was the doubling of resource which rocketed the SP. It is hard to tell how the market will react given we already know what is in the brine and quantity via DFS! The dilution of shares may cause a small drop or possible euphoric buying frenzy by the masses. Hard to tell till the number of shares issued is announced and more importantly at what price! How much discounting has been given.
    Also using past history on a different company and circumstances is like reading the tea leaves. I see, I see , oh damn its all fogged up... Criminal crickets!
 
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