Banter and General Comments, page-7979

The ulterior motive of shorts and the down rampers here im sure is to talk down lithium and in particular some companies, including GXY for as long as possible to get the 200 day moving average as low as possible as long as possible so they can throw a 40% increase TO offer to pick up on the cheap.

Make it seem like they are doing you a favor. We are not A40, we dont have debt which is why i bought GXY!

For GXY 50 day is already sitting around $1.35 and 200 at $1.75, its not going to take long to get 200 down into $1.40 territory!!

Before anyone chips in and says Ausbil etc wont accept, the average retail holder wont be privy to any behind the scene deals. BOD could even be in on a deal.

Id certainly like to think that there are enough holders to let this company run up in price over the longterm, as im investing longterm, however about 20% of companies ive invested in on that basis have been taken over and my vote had bugger all impact on the result.

Just me airing my view. Cheers

Dyor GLTAH