GXY galaxy resources limited

elephant in the room, page-2

  1. 23,958 Posts.
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    Hi Stringtickler,
    I hope this at least partially answers your questions:-

    (a)The ASX has registered the following shorts on GXY:-

    6th July...430K
    7th July...609K
    8th July...550K
    11th July..657K
    12th July..764K

    Unfortunately, the ASIC shorts site is seven days behind the market & 12th is latest available.

    (b) Re 'fundamentals" & tracking the price of Lithium.

    GXY is still a speculative stock with negative EPS.
    Once it has positive EPS later, it will then likely
    track to price of Lithium. SP in the interim is likely to be event driven which can be up or down.The next event will likely be the June qtr report with an emphasis on costs.

    Cheers
    Moorookamick.


 
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