I'm being asked to cough up and financially support Galaxy Resources to keep afloat... Answer is NO... not with the existing management that put shareholders in this situation in the first place. This just doesn't add up and questions need to be answered. A rights issue at 8c with options and significant dilution for existing shareholders and more so for those who do not take part... who come up with this brilliant idea.... that's right existing Galaxy management approved it.
Id rather liquidate company and assets which may get me 20c...when do you think its going to be at this share price with billions of shares and options on offer.
Link to ASIC website - Complaints - Report your complaint online... elect WA state where Galaxy Resources are headquartered.
http://www.asic.gov.au/asic/asic.nsf/byheadline/Report+misconduct+to+ASIC?openDocument#Report misconduct to ASIC
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- this is just wrong!!
this is just wrong!!
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