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$5.28 galaxy resources limited

Will Galaxy Resources reach $1.00 by the end of the year?, page-25

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fugazied

3,156 Posts.

486

07/06/19

10:06

Post #: 38954564
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Originally posted by drg: ↑

Probably a lot of tax loss selling coming into play here heading into end of FY. Has been a pretty big under performer this year so no doubt people are offsetting the wins with some of the losses. Fingers crossed GXY will perform a bit better once this is out of the way in July. Or we would get some sort of left of field Ann in the next 3 weeks to stop the slide. Good luck to holders.

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That's exactly right imo. People are flogging this off for a loss for tax purposes. Many of those people will jump back in on the new financial year.

GXY Price at posting: $1.46 Sentiment: Hold Disclosure: Held
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0 Great analysis

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