GXY 0.00% $5.28 galaxy resources limited

50c, page-8

  1. 1,658 Posts.
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    Deano words first - then fists

    Yes - I'll have a shot at explaining.

    Try this :
    Draw a line from the peak sp and profit period of GXY pre-GFC and then the loss of the battery plant, closure of Mt Cattlin, chasm of debt, and then end it at the company's position in about November (where this page gets its financials from).
    Project this forward 1 year and most computers would say this company is screwed. abort abort abort.

    Feed it newer numbers, and explain a little about lithium and the start of Mt Cattlin that we are now cashed up and that site needs newer numbers, sold off the battery plant etc.
    and it might see that we are now in a period of massive growth, not decline (revenue, profit margin etc).
    Then it wouldn't be projecting a loss for next year. accumulate. accumulate.

    Still saying a buy for now so obviously not that scared off.

    Other opinions - as if its not obvious that others see things differently
    http://www.barchart.com/quotes/stocks/GXY.AX
    100% strong buy. Buy on every metric they have.

    Aussie Bulls too - "an explosive long trade"
    https://www.aussiebulls.com/SignalPage.aspx?lang=en&Ticker=GXY.AX
    though they f'ed up by issuing a sell at 26 and missing all the action to 35.
 
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Currently unlisted public company.

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