GXY 0.00% $5.28 galaxy resources limited

Hmmmm yeah, thinking about it... Imagine the company said......

  1. 8,740 Posts.
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    Hmmmm yeah, thinking about it...

    Imagine the company said...

    Y'know what guys screw this, we have $450 million and we are only worth around $900 million.

    How about what we do is a share buy back to buy these shorters out if they don't appreciate the shares and then give those that have stuck by us reward.

    We would end up with close to half the shares current on the market...

    200 million from memory..


    ..Then considering we have been reporting in USD for so long would probably meet the NYSE listing rules and raise capital over there via a duel listing.

    Meanwhile shorters cannot complain about a tweet that burnt them, they just got what they deserve meanwhile the share price sky rockets.

    It's an interesting proposition.
 
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Currently unlisted public company.

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