Just my thoughts..Of course some will disagree Now Galaxy has...

Just my thoughts..Of course some will disagree

Now Galaxy has spent another $28 million on A40
If they do indeed take over A40
Cash will be down at least that amount.
If there is another offer it could cost another $20 million.
and others debts may get 50 cents in the dollar.
There have also their initial investment gone.
Cash appears to end up around $100 million this quarter.
With the extra cost of handling A40s mining operation.
That may see the begging bowl be handed around within 9 months.

I did think if GXY were tight with their money they could have enough cash
to last 18 months or more...outlasting quite a few...Now that is shot.

Sales Dropped to $587 this quarter and Spod price is still falling
Shows Contracts are worthless.

Simply put ...This looks a poor investment to me and has for some time.