re: Ann: Galaxy Recommences Capital Raising a... guess the...

re: Ann: Galaxy Recommences Capital Raising a... guess the liberal issue of options is another SPP built into this one

so basically a double hand out for money


so the beast is used to being fed and will not change it's tune irrespective of circumstance

The board had a chance to show real leadership and a willingness to adapt to market situation and past mistakes - missed on all points, bar the "promised savings" which I will believe in when I see them

For a company with the current income potential to see such an overgrown board (due to past dealings. finance and TO) is NOT sustainable.

GXY currently is unable to manage debt - what makes any of you think they will be able to bring SdV into production ?

How can a "non under written" SPP cost almost 10% (at the lower end) ???? Who is getting that money ? And bear in mind the first thing being paid out of the SPP is the bridging loan.