GXY 6.40% $3.51 galaxy resources limited

whoever thinks there will be a share buyback is in dreamland all...

  1. 2 Posts.
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    whoever thinks there will be a share buyback is in dreamland all the cash funds are required for mine developement and alot more as well. If you think management will put the company in financial risk bc of your bad investment decision your dreaming.

    The risk is there is no JV partner and capital will have to be raised to have funds to develope the mines and all current shareholders will be severely diluted. why do you think the shortsellers are killing you because your gonna get wiped.
 
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Currently unlisted public company.

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