GXY galaxy resources limited
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Ann: Quarterly Report - December 2018, page-142

  1. RBradley1980
    736 Posts.
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    24/01/19
    12:19
    Post #: 37210909
    Why are you ramping SDV? I thought this announcement was about the poor December quarterly.

    Funny, I said that if the floater road wasnt sorted GXY would be looking at total cash margins of 11 million. This was smack on, that means a YOY decline in earnings meaning at 10 times earnings this company is fully priced now.

    Just for your information I am more bullish going forward but it sure will be good to pick up some more cheap shares between now and Q1 19 results biggrin.png
    GXY Price at posting: $2.13 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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