sachz , cannot disagree with you more... So from the time of the...

sachz ,

cannot disagree with you more...

So from the time of the results and the last valuation the stock is now worth 30% less from 39c?

Please explain.....what material event has happened that caused the sharp fall.....when the price was 39c the lithium carbonate price had already fallen in china.....

The company has fallen 3 months behind in shipment ...that is not worth a 30% correction

S32 reported a net loss of $1.6 billion on 26th August but shares are up 20% ....BHP 1st loss in 15 years on the 19th August ....shares then $20.38 ....today $21.28 even after a $79 bill claim launched yesterday....

So why is this so ....well the Macquarie's of this world and Colonial have heavy weightings in these shares so they dont want to see them fall .......but not GXY...so what do they to maximise profit in a long short fund? short the popular stock and get the retail investors out ....

You also need to compare other stocks ......BKL , BAL , all heavily shorted even weeks after the announcements ....so there are a group of fundies out there that are targetting mom and pop shares and "darlings" of the moment because ......everyone is in them .....its not a value perception.