GXY 0.00% $5.28 galaxy resources limited

Jimi et all, I assume that there will be no news until the...

  1. 1,010 Posts.
    Jimi et all, I assume that there will be no news until the company closes a deal with the bond holders. hence share price will stay low until the negotiations are complete, I am quite sure BHolders will want partial payment with shares at a price close to current sp levels, but on the other hand the company, I assume would be trying to get them to accept partial payment in shares at the prospectus price and defer the other portion of the bonds with the extra 2% interest


    Wondering what sort if deal they are able to negotiate and how long will they take to get it done, so this bunch can stop keeping and pushing the share price low

    Dyor
 
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