GXY 0.00% $5.28 galaxy resources limited

SP consolidation is adding fuel to the "fire". The first flash...

  1. 42,230 Posts.
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    SP consolidation is adding fuel to the "fire". The first flash to enter my mind as I read it was Cap raising is coming whether it is fact or fiction. Unfortunately it is the number of shares on issue is the problem so the SP cannot expand a great deal without causing the market cap to bloat. This could be the reason for the consolidation but I prefer to see what the market thinks and it doesn't like it. I missed the previous swing as I was late in looking a piece of chart technical reason so I wanted to get in on the pullback but doing some wait and see dilligence instead.
 
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