GXY 0.00% $5.28 galaxy resources limited

Ann: A40: $32.5m Strategic Institutional Placements, page-180

  1. 1,221 Posts.
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    There is a big difference between KDR and GXY.
    KDR need lots of money to develop the project going and need the money quickly
    GXY is cash positive and prepared to Waite for the money to develop their projects and survive with mount cathline
    Kdr grabbed the first offer because they are desparate
    GXy is not desperate and will not accept any offers less than $5 per share
 
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Currently unlisted public company.

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