GXY 0.00% $5.28 galaxy resources limited

AGM, page-130

  1. vmp
    13,216 Posts.
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    Hi, was reading the ARL thread about the free loyalty options. It looks like it's as good scheme to reward holders and expose shorters to more risks. And more importantly, will fund sdv

    Say, we holders receive 1 share for each 5 held post consolidation, exercise able at $4 in 12 months from date of issue.
    - This will tend to support the SP
    - and will provide $300m funding for SDV ($4 x 387,000,000/5)

    This $300m plus our profits in the next 12 months will be almost enough to get sdv going

    Any peaceful or violent reaction? Thoughts?
    Last edited by vmp: 15/04/17
 
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