GXY 0.00% $5.28 galaxy resources limited

ASX: TAW 2018 Lithium Pricing - US $1,000/T, page-13

  1. 2,554 Posts.
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    Agree with you. Only you can tell the truth, that's why I said I will vote NO for consolidation. Why the company want to do consolidation, for me, their final aim is to do CR, then dilute shareholders benefit, the company benefit from it, not shareholders, coz by this way the company will have lower debt. Issuing new shares, for the company, which is just Numbers on paper, not real money, the company loses nothing, but for shareholders, their holding was diluted, as a result, shareholders potentially lose money. That's the game the Board members play, as they will be issued remuneration, so they would lose nothing. I am not sure why some smart guys at HC ignore the truth, only talking the good side, not mention any bad side. I doubt what they represent, and is the investment their own investment.
    Last edited by newbie2016: 21/04/17
 
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Currently unlisted public company.

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