GXY galaxy resources limited

future takeover at play here..., page-6

  1. 56,880 Posts.
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    You could not get a more faraway t/over tree than GXY. Zilch - too much debt, too many options, too many shares, failed business plans, it's in tatters, wrong sector etc.

    No-one buys debt.

    GXY is a very high risk spec. play atm.

    It could become insolvent and we have no real idea where cash has gone - perhaps mostly to debtors.

    This company is in big doo-doo and no T/A exists.

    Have a punt of you like, but this one could go under within 3 - 6 months.
 
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Currently unlisted public company.

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