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hypothetically, what do you think will happen to the share price...

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crashman111

1,487 Posts.

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31/07/17

00:14

Post #: 26171595
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Originally posted by Sentrypetal ↑

I see far more upside than downside. If directors are buying it bodes well for the company. Plus all global Lithium companies are at multi year highs. Also shorts keep falling. Tesla just starting up. Gxy shipments are on schedule. Any share price movements to the downside frankly aren't justified at the moment. I also think GXY are close to a Sal De Vida joint venture probably before the year end. I am quite happy for it to bounce around. My fear is that this company is trading so far below fair value that it gets bought over, which would be a shame. Also think US dollar will rise as FED seems bullish.

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hypothetically, what do you think will happen to the share price when GXY gets knocked off the ASX200 for falling below the market cap threshold like it has?
hmmm....

GXY Price at posting: $1.83 Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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