GXY
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0.00% $5.28 galaxy resources limited

closing price monday, page-9

  1. 8horse
    34,333 Posts.
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    11/08/13
    00:58
    Post #: 12180487
    June quarterly report, estimated cash outflow for current quarter was $16m!

    Cash on hand on 30/06/13- $1.4m
    Bridge loan -$5m (convert to shares?)
    Right issue - $14m

    Cash won't last long, might need raise more soon or receivership?

    Might 5-6c
    GXY Price at posting: 7.8¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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