GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-12738

  1. 5,884 Posts.
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    And where would the share price be without any short selling? It's hard to argue it would be much/any higher than where it currently is. It's a $400m company that is no longer cashflow positive at Mt Dudlin in the Dec quarter and the remaining cash in the bank is all going to be spent on an asset that the market simply doesn't need and that is only going to get it to stage one production. Then throw in a management team that quite clearly have no clue what they are doing as evidenced by the A40 disaster. If anything, I think the market is being generous with its current valuation of the company.
 
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Currently unlisted public company.

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