From the Canaccord "research":
"Canaccord Genuity or one or more of its affiliated companies intend to seek or expect to receive compensation for Corporate Finance/Investment Banking services from Galaxy Resources Limited and General Mining Corporation Limited in the next six months."
What does it mean other than both companies are likely to conduct cash raisings soon? All other "information" in the report was known before. This is the only "news" here and it clearly could reasonably explain both GXY's and GMM's recent weak share price performance.
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cash raising coming?
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