Galaxy... GXY... Chart..., page-4114

Don't be too sure about that. This is the second downgrade in 2 days (Hartleys yesterday & BP today). However, both brokers value the company significantly higher that the current share price.
The market psychology is an interesting thing.... we have the language being used that is negative (e.g. "downgrade", "price cut", reduced") yet the value proposition is very upbeat (i.e. there's 56% upside in the share price to get to the value assessed by BP).
No wonder the big boys are accumulating whilst the retail investors are running the other way!!!