GXY
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0.00% $5.28 galaxy resources limited

How's the reverse stock split working for you ?

  1. nrcmedia
    634 Posts.
    lightbulb Created with Sketch. 5
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    23/06/17
    01:05
    Post #: 25442988
    It would appear that management has folded what ....1 share for 5 to get to this new stock evaluation? I think the stock was selling for about .40 a share US before the reverse widget...now you have 1/5 of the shares you used to own and they are now worth $1.25 US. If one were to do the math, and project out a few more months, it could get worse.......
    Last edited by nrcmedia: 23/06/17
    GXY Price at posting: $1.63 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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