GXY galaxy resources limited

M.S. Cannot borrow 100% of GXY to dump

  1. 2,201 Posts.
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    Perhaps Mosquito Stanley can someday climb out of the sewer and maybe justify their claim to be Masters of the Universe..Given their GFC record we'd have to say there's a 0.00001% chance of that..However it's still a remote possibility that they are what-they-say....

    But the laws of physics & mathematics still apply..Maybe they find a way to borrow more shares in The Galaxy..and stretch short position like an extended ruber-band but there's 2 things to bite them on the R's..

    Firstly they cannot borrow 100% of our company's shares..Like the sub-prime disaster their borrowing capacity is limited.

    The one thing that is NOT limited..is their potential loss from buying-back GXY from the market..We are the market and from the feedback i've been reading during recent months, there is a determined loyal shareholder-base that simply will not sell to them at the price they need to break even.

    Thanks again to the Mosquito for my $2.87 buys today..
 
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