GXY 0.00% $5.28 galaxy resources limited

ASX: TAW 2018 Lithium Pricing - US $1,000/T, page-25

  1. 2,554 Posts.
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    Agree with you, I didn't sell at high 0.695 even I saw it at that time, coz I don't think SP will drop so much, even 0.50 low doesn't worth me to sell. For SP goes as low as 0.40, I think the reason is consolidation, it's the same as last time takeover GMM. The big boys should know this earlier, so they sold some of their holdings. For the small shareholders, when we know consolidation, it is already last week, the SP is so late for sale, This is maybe the company post announcement now. I still insists that the company owed small shareholders an explanation for why it is necessary to do consolidation. They cannot just post an annual financial report and attach a consolidation form.
 
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