GXY 0.00% $5.28 galaxy resources limited

Ann: Mt Cattlin Record Production, page-200

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  1. 1,722 Posts.
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    I am expecting to buy again around $1.50 or lower.

    I have positive view on GXY long term but current market ups and downs due to trade war and many traders/ holders selling with view of getting back at lower prices can push SP around 10% lower.

    Another reason could be appointment of new CEO.
    IMO, all decisions regarding development of SDV and/or use of cash are put on hold until he start working.

    Shorters know there could be no major announcement coming soon and with current position it make them much easier to do their job.

    GLTAH
 
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