GXY 0.00% $5.28 galaxy resources limited

The share price is diabolical because of1) General poor...

  1. 495 Posts.
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    The share price is diabolical because of
    1) General poor sentiment on all lithium stocks - oversupply myth / concern.
    2) Market assessed SDV as "stranded asset", although it is temporary, it has been assessed as liability rather than asset (zero value), prolonged uncertainties - partners, development options, funding concern if going alone, carbonate or hydroxide demand questions and no clarity from the Bod and poor communication worsen the situation, shorters are on feeding frenzy because of the uncertainties and fence sitting for too long on SDV ( AT better have a good look on his bxxp)
    3) Bottle necking of converters in China
    But all that will change very soon.
 
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Currently unlisted public company.

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