GXY
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0.00% $5.28 galaxy resources limited

Galaxy plugging a hole in a leaky boat? The recent leaks to the...

  1. FlashFish
    1,531 Posts.
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    08/05/18
    08:15
    Post #: 32943385
    Galaxy plugging a hole in a leaky boat? The recent leaks to the market eg: Canaccord's SDV contract delay and J.P. Morgan's financing deals were a disgrace. The fact that the AFR came out with an article about the shorts being justified is also a question for concern.
    Shorts vindicated as Galaxy lithium output disappoints

    by Peter Ker AFR
    The short sellers that flocked towards lithium exporter Galaxy Resources in recent months found vindication on Monday, when surprisingly poor production and unit cost results sparked a further slump in the miner's share price.​

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    GXY Price at posting: $3.30 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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