Spot on guys. SP is a complex one, many dynamics at play. Higher number of shares on issue compared to 7 years ago presents a challenge. Logic is it would seem harder to multiple your value/market cap into multi bag status. No problem! Makes the current run even more exceptional.
Its about market sentiment/psychology, whats in favour and how the wider market perceives value. Urgency of buyers, retreat and submission of sellers. Being oversold, undervalued and transformation, recovery from the brink. A plant ready for near term production and quality of projects, world class brine. Far stronger lithium market than 2009, insatible demand and supply drought. Down the stairs went GXY...now its up the elevator
GXY Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held