GXY 0.00% $5.28 galaxy resources limited

Yanlin,I guess they are putting their money where their mouth is...

  1. 577 Posts.
    lightbulb Created with Sketch. 32
    Yanlin,
    I guess they are putting their money where their mouth is LOL!! As we all know MIN didn't make it's half year $129mil NPAT from Mt Marion so you really can't compare MIN to GXY which only has two income sources as far as I know. Mt Cattlin and interest from it's cash holdings. I haven't seen Mac's analysis on MIN so I don't know how they managed to make Mt Marion "look and sound really good". Perhaps you could forward the relevant section.
    Anyway it is all pretty moot - MIN made a profit at NPAT level and GXY will not make a profit. Mac was right to recommend a BUY as MIN is now over $19.00.
    Maybe you should be looking at NPAT for your answer as to why GXY has performed so badly over the last 18 months rather that look for conspiracies.

    P

 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.