Not the start to the trading week I expected - currently down 4.4%.
Whilst this has made the Corn Flakes taste a little rough, it has presented a small opportunity to buy a few extra. All the selling pressure seems to be coming from external forces that are not related to the specifics of GXY, nor the broader Li industry.
As AC has alluded to, there are a number of industry impacting events this week that could lead to a significant re-rating of GXY.
Time to be brave. I just topped up some more.
As they say: "In for a penny, in for a pound!!!"
Let's talk on Friday and see where the share price is at and whether I jumped the gun (or not).
GXY Price at posting:
$2.60 Sentiment: None Disclosure: Held
