GXY 0.00% $5.28 galaxy resources limited

MicdeeUnfortunately share market is all about perception, trust...

  1. 495 Posts.
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    Micdee
    Unfortunately share market is all about perception, trust and confidence.
    And the delivery of goal / forecast set is utmost important.
    Eg. if a company forecast to make $ 800 k m but made $1.0 m, the SP will rocket when they make the announcement.
    But if they forecasted $1.2 m profit but made the same $1.0m, the SP will get smashed.
    This is how the market and human nature works.
    A lots of missteps that occurred with GXY, basically (mostly) are self inflicted and pure incompetence by the BOD; whether it was ignorance or inept, it is unacceptable.
 
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