GXY 0.00% $5.28 galaxy resources limited

Where to from here?, page-5

  1. 210 Posts.
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    I agree to a certain extent @pianoman, Think the deal itself was probably 80% factored in as done. What else comes with it remains a factor (share technology, infrastructure etc).
    I'm hoping that some evidence of price stability in Thursday's results will be more effective. According to all the pundits, analysts and journalists reporting on the global weakness in SP and shorting activity it is the concern of a glut in supply leading to a massive price weakness that is depressing the SP and encouraging shorters.
    Successive company reports showing price stability from the current major producers (and I include GXY) and good contract partnerships will correct this over time. I don't expect an instant reversal, but have complete confidence in the medium to long term return to the SP reflecting the fundamentals.
    I'm not nervous, quite confident in fact. But I am an LT holder, not a trader.
 
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