GXY 0.00% $5.28 galaxy resources limited

Thanks for insight. Some numbers for you: 1. FY2017 Q4 EBITDA =...

  1. 908 Posts.
    lightbulb Created with Sketch. 298
    Thanks for insight. Some numbers for you:
    1. FY2017 Q4 EBITDA = A$34.20m
    2. FY2017Q3 EBITDA = A$21.60
    3. FY2017 Q3 & Q4 = A$55.80m
    HOWEVER the FY2017 H2 EBITDA per the Financial Reports = A$39m. This differs from the QR EBITDA by A$17m so it would appear their are a number of significant items not being included in the QR EBITDA calculation which results in their overstatement of EBITDA.
    Hence while the insight is appreciated it needs to be tempered with a more pragmatic fiscal reality in GXY's case.
    Shorting a company one knows nothing about is not only risky but also fiscal suicide. I am not prone to indulge in such kamikaze activities.
    Please DYOR
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.