GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-1488

  1. 13,691 Posts.
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    "The smart money left"

    Hahahahaha

    Wow, now I have really heard it all!!!!!!!

    This rEVolution has barely started.

    Show me top20 who have left?!?!?!

    None.

    Some investment banks have see-sawed a bit above and below the 5% level as they play the shorting game, that's all.

    Do you have any concept of what it would mean for us to be at $1.60 per share?
    Any day now, we will have almost $1.20 per share of cold hard cash in the bank.
    $1.60 per share would put us at an Enterprise value of about 40c per share. With the next 12 months expected earnings from MT Cattlin alone of about 25c per share, this scenario is fantasy land.

    It is not imoossible though, since the shorters can sell to themselves to artificially get the price there, but it would be only a very pointy and temporary scenario with absolutely no basis in reasonableness, and would be terribly short-lived if it even got there.

    In other words, you are dreaming imo!

    ...still waiting for your EV penetration estimates.
    Conveniently dodging that one aren't you!

    Keep digging!
 
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