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$5.28 galaxy resources limited

Ann: Quarterly Reports - March 2016-GXY.AX, page-77

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269 Posts.

28/04/16

11:49

Post #: 17619045
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Originally posted by shades2 ↑

Simple. The market is vastly undervaluing the company. This could work in your favour.

Most pundits and Canaccord (who are notoriously conservative) agree that 'fair' value (minus speculation) puts the CURRENT operating company SP value at over 50c. Were 35.5c now... Never mind the company's future plans.

Of course we can't force Mr. Market to value things at the correct prices, (as many 'investors' and traders are ignorant about what they are investing in), but usually what happens is things return to where they should be eventually.

AA DYOR. (That means Do Your Own Research btw..)

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Definitely undervalued. But one day it will move into overvalued range because of its potential. This a break through company with a ton of great assets. Lithium is the future so that means Galaxy is the future. The future is always worth paying extra for! Like Tesla.

GXY Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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