For a debt free company, cashed up with positive cash flow mine , producing future products and two others high quality mines, Galaxy is considered a cheap takeover target at these depressed prices.
would I use my connections with a wealthy Middle Eastern group to raise their awareness of Galaxy—— yes
would I keep accumulating at these low share price s—yes
Do I think there is a high chance, a takeover offer is coming—— I believe so
Do I advise people to buy—— No , but DYOR
please do not take it as a financial advice.
My thoughts only
Cheers, Sydney
- Forums
- ASX - By Stock
- GXY
- Galaxy is a cheap takeover target
Galaxy is a cheap takeover target
- There are more pages in this discussion • 300 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)