GXY 6.40% $3.51 galaxy resources limited

Ann: POSCO Transaction Complete, page-208

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  1. 6,849 Posts.
    lightbulb Created with Sketch. 1440
    It's no different to the share consolidation that really had no reason, there was nothing to mean it was required other than 'it will stop manipulation'

    7.jpg

    Yep, didn't happen, and yeah it's easy to blame the market but they really should have had a better reason than that.

    Why do I invest here?

    Because I see potential, and every day I see a possibility to turn it around, but they continue to languish at every turn, with a somewhat self defeating purpose, not aimed at preserving share holder value (let alone increasing it)

    They should really with a producing mine be either issuing dividends which I have since become against or reversing all those shares they issued in the past to get on our feet with a share buy back. (This would benefit the long term holders also reducing dilution)

    There hasn't been much invested in Sal De Vida and the promises of the 2017 AGM where they were 'really' going to focus on it never came to pass.

    Sure, hiendseit is a great thing, but I am not paid the hundreds of thousands dollars a year plus bonuses and options to come up with these ideas ahead of time.

    People do realise that once the company makes a plan to build at Sal De Vida the management receive more shares?

    More dilution.

    Just pointing it out...

    In the meantime, retailers... Ha! Just a bunch of speed bumps.

    I remember when someone complained to management about how the company has performed that they were told...

    "well you're making money arnt you?"

    Ahhhh.... No guys, we are going backwards ever since you did the share consolidation to prevent manipulation..

    No one is making money here other than those that are shorting the company.

    And Anthony wished good luck to his shorters.

    Wish us good luck bro! The holders... The ones you represent..

    Remember us home slice?

    Thesi out!
 
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