Galaxy's positive update

After a horror year, Galaxy Resources is spreading a good news story to shareholders who remain under water on the recent equity raising.

Embattled lithium miner Galaxy Resources is trying to drum up support for its share price through an upbeat update this morning following its capital raising.

The stock inched up 0.5 cents to 5.9 cents, and while that doesn’t sound like much, it is a big 9% plus move on percentage basis.

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