This company should have got on with the business of making money in flogging Li-Carbonate rather than taking on more debt and diluting Aussie retail shareholders out of existance. It would have been better to get the cash in the till before cutting the fancy deals.
It seems once there is a chance of the SP lifting, there is more corporate activity to knock the SP back down. And the share offer to retail shareholders is a laugh now when one can buy the shares over the past few days 3-4 cents cheaper! Who are they kidding?
With best regards Moorookamick
GXY Price at posting:
25.1¢ Sentiment: Hold Disclosure: Held
