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$5.28 galaxy resources limited

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Facthunter

10,882 Posts.

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15/10/18

19:11

Post #: 36130655
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Originally posted by remirez ↑

Originally posted by SeeTheWorld
That's great news. I hope they hold out like this at least for one more day. Payday is Thursday meaning tomorrow I can afford to splurge on some more shares (T+2).

At these prices it is like someone offering you free money!!!!!! $500mil cash + no debt + 3 awesome assets at a $950mil valuation. The company could buy back more than 50% of its stock back if it liked at these prices. Crazily good for anyone with cash to keep buying. I wonder if Santa is a shorter give me an early Xmas present this year? Have I been that good?

DYOR!
What really needs to happen is some M & A activity to give the sector and particularly galaxy SP a kick up the pants.

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Is POSCO not M&A activity? The registry is only a ponzi scheme until company funds are used to support it.

GXY Price at posting: $2.33 Sentiment: None Disclosure: Held
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