So where are we:
1. GXY's SP = A#3.20
2. My GXY FMV = A$2.00
3. FY2018 Q1's Performance poor and unexplained by GXY's management.
4.Monday's ASX release has been fully digested by the ASX with no enduring impact
5. GXY has made a lower high which supports continuance of the current down trend in the SP.
6. 100MA and 200MA still pointing downward indicating further SP declines ahead.
7. So I expect to see GXY's SP decline next week and make a lower low on its way to A$2.00.
Perfect shorting setup. ( On the assumption no major ASX announcement over WE)
Please DYOR
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So where are we: 1. GXY's SP = A#3.20 2. My GXY FMV = A$2.00 3....
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