GXY 0.00% $5.28 galaxy resources limited

Low, why would the company try push through a CR at such a...

  1. 594 Posts.
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    Low, why would the company try push through a CR at such a discount when they have circa $140m in the bank. Hard sell to shareholders, CR in 2021 is still a possibility but I think they would have to sell the CR as an alternative to JV. Only chance I see for a possible CR is if they jam it through after the FiD Ann.
 
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Currently unlisted public company.

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