GXY
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0.00% $5.28 galaxy resources limited

ann gxy to exceed rights issue minimum, page-3

  1. AlbertE
    4,502 Posts.
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    29/07/13
    12:03
    Post #: 12123127
    This seems to be a free for all play at the moment. They are issuing zillions and zillions of shares at 8 cents and telling us it is great. They dont care if they dilute the hell out of all the retail holders.

    Price of share will be capped at 8 c for atleast the next 12-18months UNLESS there is a takeover.

    5-7 c relisting range.
    GXY Price at posting: 7.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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