GXY 0.00% $5.28 galaxy resources limited

That doesn't make any sense at all as why would they want to...

  1. 594 Posts.
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    That doesn't make any sense at all as why would they want to remove Galaxy from the secured creditors picture. Looks like opportunistic bankers signing into a win-win deal. They either get 10m or the pleasure of 100% equity passed along to their Chinese backers.
 
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