Funny how Galaxy has a day in the red and once again all these downrampers appear out of the wood work! No, I'm not overly defensive of this stock or will up ramp it for no reason but I feel that it is only right to objectively speak with facts that are true and highlight the people that are speaking absolute dribble.
Secondly, why don't brush up on the electric vehicles on offer this year. I assume you haven't as you wouldn't have said that statement so it's only right that I provide you with some information to read up on. As you will see, the 2017 line up of EV's are no more expensive their ICE counterparts, in fact offer better value for money considering you won't be refuelling your car every week! http://www.greencarreports.com/news...15-2016-plug-in-car-with-specs-updated/page-2
The desperation around some posters coming on here and purposely down ramping is becoming blatantly obvious. I agree that is it good to have an open forum and subjective views, however, if you are going to come on here and say the SP is falling to 'low 30's' or 'electric vehicles are too expensive' and 'their is an excess of lithium supply', then please back it your statements with some substantiated evidence.
DYOR & GLATH
GXY Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held