GXY 0.00% $5.28 galaxy resources limited

Ann: 2019 Half Year Financial Report, page-21

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CFD TRADING PLATFORM
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  1. 8,317 Posts.
    lightbulb Created with Sketch. 2950
    My holding i dont think is that big compared to some here, i have posted quite alot of my trades.

    Im sitting on 201,496 shares and avg price is $1.31

    Thats sitting well within my threshold. Ive not lost a nights sleep with GXY.

    I did with BHP a few weeks when it went below $15 a few years back as i was seriously invested. But that turned out one of my best investments. Its a waiting game. I Stick to solid companies with no debt or debt they can easily serve.

    I love the CGT discount so while i do a bit of day trading i prefer longer holds.

    I can see GXY going lower i have to be honest as there was no announcement to break the trend. Should i sell and re enter? God if i could list the number of times i did that and missed a huge rise or TO its not funny.

    Watching closely to make a few big buys, like i said on another post my best trade has been CTX and still hold some and killing it the last week or so. They will fund GXY purchases.

    Good luck to you and holders








    Last edited by GARETH78: 25/10/19
 
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