GXY 0.00% $5.28 galaxy resources limited

Why the GXY share price should rise tomorrow, page-72

  1. 749 Posts.
    lightbulb Created with Sketch. 462
    Besides a few, I don't think anyone is saying management are stupid.

    Just that they are not focused on communicating with the smaller SH or showing any interest in protecting the SP such as we can see with PLS (though their reason is obvious - further capital raises required in the short term).

    The reality is there is a bigger game going on and we're just the barnacles on the whale. Lends to irrational behaviour when you don't know what you don't know and you may be the last one to know at the next quarterly - no one wants to be that guy/girl!

    In saying that, there's not really much left to hide.

    Which is where the concept of event-risk really comes through.

    Hypothetically, if management said they are doing:
    a $30m Buy Back tomorrow up to a price of $2, when we are shorted up to ~18%,
    and/or announced who the interested parties with SdV are (at the least this will make a short term splash due to renewed interest),
    and/or announced they had bought XX% of AJM,
    and/or partnered with their spod processor to expand the plant where GXY own rights to say 10,000t of LiOH production

    Or if somebody cashed up decided to buy in at this price in a big way.



    The current shorter-all-in-situation would lead to a mad slaughter with the first shorter getting out to burn the ones left behind.

    We are very clearly in the end game now.
    The blood is plastered all over the streets and walls.
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.