GXY 0.00% $5.28 galaxy resources limited

todays action, page-28

  1. 77 Posts.
    Good valid comments by all on sp topic and would like to add that I believe the shares on to the market at $1.28 were issued to a variety of investors, including those who for all sorts of reasons, will, or must, take their profit immediately. This clearly happened, more sellers, sp down, and will take a week or 2 to sort out. Usually shakes out a few "nervous nellies" in the process as well.
    More relevent to the future sp than charts and sentiments, and cycles, is that the biggest GXY annoucements are yet to be made - and I expect the Premier of WA to have a big hand in this at the grand opening next month - watch Mr Tan's build up to this milestone over the next few weeks - it will be enormously commercial at the very least, and possibly even upstage the Melbourne Cup!

    Market capitalisation is the only thing.

    all the best to all holders
    ph
 
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