what next for galaxy, page-5

Takeover/consolidation will be a continuing possibility in this industry. In terms of majority shareholders though, there is quite a mix there, Canadian(ex-L1)20%, M&G UK 14%, Vanguard US 8% to name a few. Hopefully enticed by significantly attractive deal if any before they would budge.

Major and small holders alike through the cap raising have helped the company stay afloat and expand.