GXY 0.00% $5.28 galaxy resources limited

short and distort, page-91

  1. 8,739 Posts.
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    Haha... Why did I just picture Tom Cruise jumping up and down on a couch.

    The Lepidico investment has done very well for Galaxy, having brought in at 1 cent initially and now each share is up at 4.1 cents.

    Perhaps the company should stuff the A$400 million into Lepidico, double our money and then we would have enough money to pay cash for anything needed by both companies.

    Alas their market cap is only $138 million so not enough room to buy in... Might need to work on that.

    But yeah it isn't a rediculous point I am making (even if I do say so myself )

    Imagine any of our assets increased in value as much as Lepidico has... We would be singing and dancing on the rooftops. Well... News is, one of our assets did, and that is Lepidico.

    @noncomposmentis you guys keep working away over there, if you need any cash just let us know... We ain't doing anything with it. lol --- yet!
 
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