GXY galaxy resources limited

GXY forces A40 into administration

  1. 4,066 Posts.
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    GXY is playing hardball. They have refused to extend the default deadline.
    This does not mean necessarily mean that A40 that assets will be sold off.
    The likely outcome is a restructure without the imput of the BOD.
    I didn't expect GXY to play this hard.
    This is dire
    I genuinely hope an outcome will be reached that secures some value to retail holders.
    AIMHO
 
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