GXY 0.00% $5.28 galaxy resources limited

This ain't no crash!, page-33

  1. 2,765 Posts.
    lightbulb Created with Sketch. 513
    Hi, no the value does not diminish. Only dilution can do that.

    Let's say GXY has 395.8M shares on issue, and GXY cross-listed in NY tomorrow. The number of shares on issue stays the same (stand to be corrected?), but the market of potential buyers increases dramatically as does the ease in which to purchase for foreign investors restricted by local laws. Information and awareness (putting us on the radar) is the biggest positive, as again US law restricts foreign info. Have you ever seen the disclaimer on our reports?
    Look at the very last paragraph at the very bottom >> http://galaxylithium.businesscatalyst.com/media/presentations/GalaxyPres.pdf
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.