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Galaxy Weighing Up Partnership Options, page-169

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R66

98 Posts.

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13/09/18

13:01

Post #: 35575262
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Originally posted by Wary 1 ↑

As a result of your prompting Gekko, I emailed the company weeks ago querying the situation with J P Morgan lending their shares to MS. It was the latest of a number of emails I have sent to the company over the years, none of which have been responded to. I have also rung over the years, but very rarely do I get the promised call back. Years ago I went to considerable trouble to alert ASIC to the wrongdoings by another company (not GXY) and didn't even get an acknowledgement. I followed up with a phone call and was told thanks for calling, but it is ASIC's policy not to engage with complainants, but rest assured your concerns will be investigated (like yeah!). So what can we do about this? The only solution that I can see is to go to a journalist. I have done that, but there does not seem to be much interest to take matters further, unless I am willing to be identified and quoted as part of the story (I am not!). I guess we just have to sit things out. I am not selling my shares, but by the same token I expect a bloody good return when this does take off to make up for the opportunity cost in not having my money parked somewhere else (for God's sake, even a 1% interest bank deposit would have been good by comparison). Man oh man, I hope Thesi is right about MS being short 200 million shares with no way of buying them all back. That would be karma.

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"investors" like you make me laugh.

GXY Price at posting: $2.52 Sentiment: Buy Disclosure: Held
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Galaxy Weighing Up Partnership Options, page-169

Top Stories

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

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Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

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