GXY 0.00% $5.28 galaxy resources limited

Outlook and news, page-7

  1. 6,356 Posts.
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    The good news is that even after today's move (to 46c) we are still trading 31% below the Bell Potter forecast value and 34% below the revised Canaccord valuations - both recently released in late April.
    That's gotta tell you there's a way to go in the share price revival.
    Don't be too hasty and act too soon just because we've had a good green day.
    At the moment we are trading at a post consolidation price of $2.30. I would expect BlackRock and others to have an initial target of $3.xx+.
    Sit back and enjoy for the time being. The AT show is about to commence!!!!
 
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