GXY 0.00% $5.28 galaxy resources limited

AGM, page-67

  1. 1,202 Posts.
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    I mean we are common shareholders, we have to adjust an buy at favorable times and sell at other times. The instos and sophisticated investors make big money because they take advantage of what we do. Why is it that behavioral economics is a huge part of markets and that psychiatrists are on retainer at big firms? It's all about human nature, and taking advantage. Hedge funds and sophisticated investors have more cash therefore afforded privileges that common holders aren't, buying at lower prices, participating in exclusive CRs, etc. Corporate can protect themselves from dilution by issuing appreciation rights and countless options. It's just that simple, it's not fair but that's the system. The rules are different. And we have to adjust so that we don't get diluted or lose shares, and that is what will happen ultimately with a 5:1 consolidation and issuing new shares in the NY and Chinese markets. It's best to buy at specific times, and get more shares rather than pay premiums to hold nothing are very little. As mentioned in the agenda, the company is aware of who are big shareholders and small shareholders. Most of us hold between 10k-100k shares, as per the document. However, we provide very little funding to the company than the big hedge funds so ultimately we have little say. It's best to wait and buy at pivotal moments.

    I'm am bullish about this, the company is strong, I just don't want the company to consolidate in order to split the pie again ultimately with new listings in HK or wherever. I can get more value for my money as a LT holder by waiting and buying after consolidations and after each of these new listings.
 
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