I can understand where people are coming from when they say that we're due for a drop, the company is effectively operating at a lower SP value due to SDV and JB not up and running yet.
However in saying that, they still own assets that are effectively growing in value from NPV which I would call the hidden value which is appreciating on the surge in demand, I see it like sitting on a pile of shares worth a small amount that needs to be scooped up and sold later.
I chose not to sell because eventually the company will catch up and I think we all know that the true price is to be around 7 later on down the track. Take a look at the oil junkies, only difference is that we are the new alternate future breed, and the market is adapting to the change. All in my opinion sorry if someones already said something similar.
- Forums
- ASX - By Stock
- GXY
- Calling a Red Friday
Calling a Red Friday, page-34
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online