GXY
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0.00% $5.28 galaxy resources limited

My approach has always been to hang onto the gxy holding for the...

  1. mv123
    154 Posts.
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    05/02/18
    12:39
    Post #: 30823810
    My approach has always been to hang onto the gxy holding for the long term, only topping up very occasionally.

    This stock had now become seriously undervalued- even if you have the most bearish view on the prospects of SDV. This morning I was able to top up at $2.98.. which is ridiculous.
    Even if the company is unable to come up with any major news on SDV, anything below $3.50 is still a comfortable buy based on the prospects of WA alone.

    And if the company can make a good announcement.. even better.
    GXY Price at posting: $3.04 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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