GXY 6.40% $3.51 galaxy resources limited

Banter and General Comments, page-4286

  1. 199 Posts.
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    How about a buy back to trigger it. 
    if GXY really is just so damn cheap then why not invest 30m into itself? 
    Absolute worst case scenario would be that we boost the SP and get out of this trainwreck with the shorters and then in a year or 2 we need to do a CR.... But by then we had boosted our SP and let it rise on good news like it should be doing naturally instead of this manipulation. 

    So basically our worst case could be that we invest $30m in at $2 and then we CR at $4. A parking solid return on investment, stops the manipulation, shows investors confidence in the company, makes the board look like they give a sheet and protects us from anyone thinking of attempting an aggressive TO...
 
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Currently unlisted public company.

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