Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

Click for more information

0.00%

$5.28 galaxy resources limited

Yes its worked well so far

First 44 Last

Share
Profile

Follow
Facthunter

11,447 Posts.

815

23/08/18

09:36

Post #: 35115539
Share

Originally posted by steelfabric ↑

My opinion only. A share buy-back or one-off dividend does diddly squat to the growth of the company. It might shake a few nervous shorters out of their tree. It won't faze the real shorters, and it might even embolden them even further. It is nothing more than a cheap (?) shot at the shorters.

Use the money to grow the company's income base and lower the income risk. This is how you generate wealth for the shareholders, and how you get rid of the shorters.

Just my opinion, of course.

Expand

Yes its worked well so far

GXY Price at posting: $2.82 Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

There are more pages in this discussion • 12 more messages in this thread...

First 44 Last

Add GXY (ASX) to my watchlist