GXY 0.00% $5.28 galaxy resources limited

i am in for a pure lithium play...what i don't understand is...

  1. 782 Posts.
    lightbulb Created with Sketch. 12
    i am in for a pure lithium play...what i don't understand is that NPV of operations from GXY assets, whether owned by GXY or another entity, i would have still thought there should be an equivalent gain in the parent entity's share price

    but it sounds like xMT of LCE from SDV under GXY hands is worth more than the same xMT of LCE from SDV under someone else's hands

    apologies if this is a stupid question!
    Last edited by jason123321: 28/09/16
 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.