GXY 0.00% $5.28 galaxy resources limited

Ann: Becoming a substantial holder from MUFG, page-117

  1. 8,739 Posts.
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    Coincidentally that is the same amount of $$$ that FMC Lithium / Livent Corp are seeking for 10% of their business.

    The current market price is probably a number of things, and have seen some great commentary on here over the past day.

    One thing that stands out to me is that clearly the market hasn't followed the Hot Copper rules if Do Your Own Research.

    There is so much information online that draws together what Galaxy and its partners appear to be up to.

    It's right there, glaring in the face of you do some research using a few key words.

    Anyways it is what it is and we get to buy some more fairly cheaply.

    I must confess I have become a little concerned that we might be seeing a potential take over, though it always comes back to the point of would the holders accept it?

    I don't think they would, though I don't know everyone's situation.

    Galaxy tends to get hammered pretty hard and it makes me wonder at times why.

    Are the people with a gazillion dollars pounding it... Or is it just a crap stock?

    I don't think it's the later, so the question is, why are they hitting it so hard when all the ducks are lining up?

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    Last edited by Thesi: 30/07/18
 
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