For a "small" parcel holder there is no good sense in not "pulling the trigger" on B Pay before 7.00pm tonight.
the biggest fear of a shareholder in this regard is to hope the ramping up of the litium plant in China does not fall over with breakdown, accident or unforseen interuption to production. The product is there...the processing capability is there...the price of the purest lithium grade that can be produced is there...the continued supply of raw material is there...all currently supported by major shareholders. Unfortunately the large debt remains there.......and for the fence sitter the possibility of a takeover is there.
The future for Lithium is firmly rooted there in e bikes and cars in the main.... Sure there has been a major fall in share price, management wasting funds and poor decision making going forward....lets move on and get this company in the niche market and level of production it is capable of...Dollar cost averaging may help a decision to buy the rights on offer... but that aside and not of importance for the sustainability of Galaxy, this company is one that has potential to meet the future demands for lithium based products and I am in for the ride...
- Forums
- ASX - By Stock
- ann gxy to exceed rights issue minimum
For a "small" parcel holder there is no good sense in not...
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO & MD
Anthony Noble
CEO & MD
Previous Video
Next Video
SPONSORED BY The Market Online