GXY 0.00% $5.28 galaxy resources limited

Why is GXY consolidating, page-52

  1. 314 Posts.
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    Morning star is correct.
    As others have stated, you have 5x less shares worth 5x as much.
    The stock has increased 7.6% from Friday in preconsolidation equivalent.

    Your broker is looking at the price but clearly hasn't taken into account you have 5x less shares now.

    Your account will show share value 0 because they are all being held in a deferred settlement (GXYDA). Don't worry it will come back in a few days after the consolidation is complete and if prices hold where they are now they will reflect the 7.6% rise. If you would still like to buy shares I believe you can do so using GXYDA.
 
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