in previous announcements it was pump before the news and dump. This is because we were at the top of the trading channel. This time is dump before the news and pump.
Galaxy is simply NOT trading on fundamentals, if it were we wouldn't be 700m market cap with Mt Cattaling EBIT at 17m AUD per quarter or 68m per year (based on this quarters results) OR a P/E of 10 for the whole company based on one mine. There are two other mines, one of which is worth 1.1B USD
Even if it holds the line today, around 2.31 is the bottom of this channel
