GXY 0.00% $5.28 galaxy resources limited

AGM, page-242

  1. 1,202 Posts.
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    Agreed with the demand and potential of GXY. The problem is that MGMT is issuing themselves excessive amounts of options post-consolidation, to prevent their stock percentage from being lowered, and burning current shareholders in the process, while trying to attract new shareholders. It's better to be a new incoming shareholder after consolidation SP fluctuations, rather than hold shares through the consolidation (and pay broker fees associated with a consolidation).
 
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Currently unlisted public company.

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