GXY 0.00% $5.28 galaxy resources limited

AGM, page-198

  1. 2,586 Posts.
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    Yes, consolidation is good for the company, coz the company will pay less dividend. And according to what the mgt did, I can assume that the company don't want to do CR either, I guess they don't want to do JV and takeover too. I know they will issue now shares rather than borrowing money. This is a big dream, for the company good, but it is the result of damaging normal shareholders' benefit like me. We all can benefit from the company growth, while we benefit little, coz we lost some first. What I want to say is this is not a fair game, for me ,I just want fair. I can see that the mgt will issue more shares for themselves instead of paying dividend in the near future. Do you think it's fair. Any new issuing shares will result in dilution of our PE, do you think it's fair? The question for me actually is not consolidation, it is the matter of fair.
    Last edited by newbie2016: 17/04/17
 
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Currently unlisted public company.

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