Galaxy Resources (GXY) announced on the 30/3/2012 that they would be conducting a Share Purchase Plan to raise additional capital. The record date was the 29/3/2012 on which shareholders must own the share to participate in the SPP. The closing date is 23/4/2012. Shares will be issued on 27/4/2012 and begin trading soon after. A maximum of $15,000 can be purchased by each shareholder at $0.77.
Discount : -2.7% Liquidity : Good Profitability : Poor Stability : Ok
*Note: Discount is based on the closing price on the 12 April 2012