GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-7459

  1. 2,154 Posts.
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    The sector is still slowly going downhill due to the bleeding carbonate prices (and associated SC6 prices). I've been tracking prices fortnightly since the highs of 2018. The graph is the % pullback from the early 2018 highs. So a value of 50% means if the high was 50c, its 25c today. Lower being better obviously.

    * Today, near the all time low with the average retrace over the above companies of 66% (Hello Fibonacci!).

    * Best to worst with change from last fortnight with commentary....
    KDR 24% - 24% last period - stable (artificially high due to buyout)
    MIN 31% - 32% last period - not a pure lithium player
    PLS 57% - 44% last period - heavily down due to offtake demand concerns
    NMT 58% - 56% - Slightly down
    ORE 62% - 57% - down
    GXY 72% - 68% - down (late delivery)
    AJM 75% - 79% - improved (elimination of JRO from share registry)
    A40 75% - 72% - Slight down
    MLL 83% - 83% - Unchanged (artist former known as BGS)
    AGY 85% - 84% - Unchanged
    AVZ 85% - 84% - Unchanged
    SYA 93% - 92% - Unchanged


    sector.jpg
 
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Currently unlisted public company.

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