GXY
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0.00% $5.28 galaxy resources limited

since the company operates in and reports in USD, holders should...

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  1. remirez
    10,994 Posts.
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    01/09/18
    19:50
    Post #: 35351771
    since the company operates in and reports in USD, holders should consider the company's market cap in USD as well

    At present, 1 AUD is about 71 cents USD, making a 1 bil AUD market cap about 700 mil USD.

    food for thought.... especially as the AUD continues to decline against USD
    Last edited by remirez: 01/09/18
    GXY Price at posting: $2.73 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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