GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-7346

  1. 13,949 Posts.
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    I caught a lithium knife today and entered GXY. Lithium price has been driving the share price decline IMO, not just GXY. Global supply has been accelerating faster than demand in 2019. I think 2nd half could* see the LT trend reverse but always risk. I will tell you by Christmas if I made a good entry at 1.31. I sold a portion of my copper interests (OZL) to enter GXY today.

    Lithium Futures Price 1 year
    https://hotcopper.com.au/data/attachments/1609/1609655-efde5ac5508bbe1614c51c1ed3ee78dc.jpg




    Last edited by szaba_the_hut: 24/06/19
 
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