GXY 0.00% $5.28 galaxy resources limited

Ann: Prospectus Delay and Cancellation of Shareho, page-14

  1. 4,502 Posts.
    lightbulb Created with Sketch. 679
    re: Ann: Prospectus Delay and Cancellation of... Daily,

    Please tell me you are kidding right. I would take a sophisticated investor or our major shareholders taking a stake at your so called 24c ( hell even at 18c) because it would not dilute it to the point of no return. I can live with an extra 190Million shares instead of another 575Million shares plus a zillion options, which would balloon us to 2billion.

    If what you are suggesting happens AND they can convert short term loans to longer maturities and appease the bond holders with longer terms this company could come back from the living dead. And you would make some money. But to want to participate at 8 c knowing the SP would probably stay sub 10 cents for a while is beyond me.

    Regards

 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.