GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-18018

  1. 8,122 Posts.
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    Hi @Venerable

    The numbers are there for 2019, as for 2018, well the 5 days before Christmas it went from $2.05 to $2.21, sounds good.

    Trouble is it dropped from $2.67 at the beginning of December. The whole sector was in sell off mode. We hit 68.5c eventually.

    So the 19th Jan is the 15 trading day mark.

    If push comes to shove, and I had to make a price prediction, I would be very happy with $2.30 by then. That’s around 35% premium to the capital raising price.

    We do have PLS and SYR raising’s that need to be completed which may suck a few dollars out of the retail buy side. I’m sure a lot of holders overlap with GXY. If you hold PLS it’s a no brainer, SYR, we’ll need to see where the SP lies closer to the time.

    Like I said, I would be happy with $2.30

 
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