GXY galaxy resources limited

first time in history ?

  1. 284 Posts.
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    a managing director resigning in the middle of a share issuing?

    I don't remember a similar case in last 25yrs.

    Two possible reasons behind it:

    a) major shareholders have put such resignation as condition precedent for joining the issuing (as I would so have put)

    b) share issuing is believed to be unsuccesful and will likely soon be suspended, addressing Iggy as the reason and deciding for (i) a new financing proposal or (ii) liquidation and assets sales

    Next few days will clarify.

    Hoping the best for all Longs.
 
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