GXY 0.00% $5.28 galaxy resources limited

Ann: Change in Presentation Currency, page-4

  1. 1,438 Posts.
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    I have never quite worked this out, but my belief is we issue new shares when going into a new market. I would hope that we do this at a much higher price than this. If it is the case that we issue new shares, we will get enough cash out of it to fund SDV and JB, but we will be diluted.

    As I said I have never worked out if this is true but can’t work out how it happens otherwise, can anyone put this issue to bed for me.
 
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