GXY 0.00% $5.28 galaxy resources limited

Ann: Galaxy Placement Raises A$61 Million, page-70

  1. 7,971 Posts.
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    I was probably one of the most negative people on this forum by far in regards to this capital raise and I think what we have seen today has justified it.. quite simply anyone who bought in today most likely bumped up the coffers of institutions/sophisticated investors.. however I was not expecting it to drop this much nor would I expect it to get to the CR price... expect it to hover around 55 - 57c for the next few days while the lucky rich ones dump their load at a premium and then it may slowly recover.
 
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