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

Chart, page-7526

First 7526 Last

Share
Profile

Follow
PatienceToWin

13,136 Posts.

1114

05/04/18

12:08

Post #: 32239786
Share

Originally posted by ThinkBeyond ↑

Very Sad.. to see a LT pushed out.. Not a great time to sell, knowing it’s been played hard..
The issued USD based financial statement is a timely reminder, I am top line lad and the company is going to more than double it’revenue on the existing operational asset, can /is investing in two high growth assets in a growth market and there are sufficient funds + cash flow with no debts to make any investment/partnering decisions at GXy own pace.

The short case in my view is really impatience on holders part and perhaps also company by doing an illconceived
(Very unlikely) financial transaction (CR/listing/equity issued to partner)

Let’s assume even if that happens, with the current share register and 3-5 year demand view, at minimum GXy will retest the recent highs, and most likely it will be a multiple of that.

It’s hard, painful & revolting at times and often comes with a very lonely feeling however Patience is the only requirement: simple but not easy.

Hope to see you back in the near future ..

Expand

PTW

GXY Price at posting: $2.91 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

IMA

Issues emerging as Australian companies tackle critical minerals challenge

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

There are more pages in this discussion • 15,941 more messages in this thread...

First 7526 Last

Add GXY (ASX) to my watchlist