GXY 0.00% $5.28 galaxy resources limited

ann gxy to exceed rights issue minimum, page-36

  1. 1,020 Posts.
    I didn't subscribe. Galaxy haven't demonstrated to me why I should throw good money after bad. The latest numbers in the quarterly dont fill me with positivity either.

    The temptation was to average down, but i have been doing that since $1.11 so where does it stop?? If you step back and assess this opportunity with the goal to 'make money' then I dont see how this is a good opportunity.

    I have instead invested today into a comapny that has positive income, growth potential and pays dividends........maybe less exciting, but makes me feel alot more comfortable than a gamble on GXY.

    Looking forward to seeing the relisting price.
 
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Currently unlisted public company.

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