Ann: Trading Halt, page-89

I think it is pretty unforgivable for management to waste $40 million on A40 shares....especially at a time where there is no way for Galaxy to make money in the present market.
The only hope Galaxy have is holding on to as much cash as it can for as long as it can.
Spod prices may be around $500 for years.
I think they should already have Mt Catlin on Care and Maintenance..
Wasting $40 million could end up costing
Shareholders everything....As it is ...it looks like that $40 million was about 9 cents per
Share.....just terrible.

Now that is clear that this was a shocking investment I think the SP deserves to be punished by at least that 9 cents.
SP should be well under 90 cents when it starts trading again.

Cheers