Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

Click for more information

0.00%

$5.28 galaxy resources limited

that is the big question, I am contemplating a sell order @ 50c

First 11 Last

Share
Profile

Follow
Facthunter

11,570 Posts.

815

09/05/17

13:46

Post #: 24569901
Share

Originally posted by brotherprinter ↑

This is both good news and not so good news. The good news is that Blackrock with all its research capabilities has seen what blind Freddie can i.e. that the company is incredibly undervalued and that all the signs point to a major revaluation in the coming year e.g. the share consolidation, the directors positioning themselves, SDV just waiting to be progressed, James Bay drilling to prove up a larger resource etc etc. Being a super smart operation Blackrock have got in before the other big players. The not so good news is that I did not have the courage to re-mortgage the house and buy up big at 42c. The big question now is will there be a bit of a pull back in the sp before the AGM or will the sp keep going north. The big confidence builder in Blackrock coming on board is that its actions speak louder than any words in any brokers report.

Expand

that is the big question, I am contemplating a sell order @ 50c

GXY Price at posting: 46.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

RXL

Diamond drilling hits gold at 16.71 g/t for Rox at Paddy's Lode, extending mineralisation

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 1 more message in this thread...

First 11 Last

Add GXY (ASX) to my watchlist