takeover vulnerable

Are Galaxy vulnerable to a takeover?... probably not. A lot of shares are not in circulation and are being held by different Chinese investors.

Why has the Galaxy share price dropped so much?.... There are many factors IMHO, these include:
- Management being focused on the long term (i.e. the bigger picture, not worrying about short term revenue)
- Lack of broker activity (about to change, a broker report is to be released in London any day).
- Heavy de-ramping (shorting) during early 2011
- Global market downturn.
- Lack of patience shown by investors.
- Unfavourable exchange rate movements.
- Bad luck with the proposed HK listing.

This company is not rotten. It has been hit harder than most by market sentiment - give it a few months and it will have risen as fast has it has fallen IMHO. I reckon the global bear run is almost over and I would not be surprised to see a similar bull run for GXY in line with what happened 12 months ago.

Good luck all.


Off topic: Moorookamick. You've made it to a great part of the world. Aside from Oxford I would recommend Bleinheim Palace and the Cotswolds to the far West of the county (in particular around Stow on the Wold / the Slaughters). Enjoy yourself, especially with the unseasonal weather!