GXY 0.00% $5.28 galaxy resources limited

I agree with GW. There are potentially billions in value to be...

  1. 314 Posts.
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    I agree with GW.
    There are potentially billions in value to be unlocked yet which you would expect to increase the market cap accordingly.
    Actually this would be the way to go forward faster anyway.

    Current market cap (company 'worth') is about AU$1B. For hypohetical example if you upgrade, develop and aquire to bring the company up to a $10B company the share price could ten bag. Would you want a dividend of a few thousand dollars or multiply your current holdings value by 10?

    Obviously that is a hypothetical and not necessarily a set in stone outcome but dyor and I think you will find that GXY has plenty of upside potential in sp to go.

    I am wondering if after SDV and JB they should instead of paying dividends keep conquering the lithium marketplace and go for more projects instead.

    GLTA
    Last edited by Sukurio: 31/05/17
 
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Currently unlisted public company.

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