GXY 0.00% $5.28 galaxy resources limited

Thanks @chipshuffler Any chance of you dropping by a little more...

  1. 1,658 Posts.
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    Thanks @chipshuffler
    Any chance of you dropping by a little more frequently?
    We've missed these kind of reports and they're always more interesting to study
    when they are weekly.

    If not - perhaps someone else here has this access?

    I was expecting something a bit different.
    Very hard to find the source of our 20% volume/day short trades from this.
    Seems a lot of volume isn't accounted for too. Understandably.

    Instinet were definitely shorting us before. They specialise in filling block trades for the dark pool with those little algorithmic micro trades - something that they virtually invented way back in the 70s.
    Now much harder to tell - as this period may have also been a wtf moment for some of these brokers as they whiplashed from a determined sell strategy to scrambling into accumulation again.


    Canaccord are ones to watch. They have been bang on the money with their predictions about the progress of Mt Cattlin, just a bit conservative on future pricing.
    I expect they'll produce a glowing new target price pretty soon based on the de-risking of Mt Cattlin.
    Looks like they've been running an up-bot here too.

    btw:
    thanks to whichever of my mates in GXY had 50 bottles of imported beer sent to my house this arvo with a note saying "50c!".
 
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