GXY 0.00% $5.28 galaxy resources limited

The SP of GXY will remain flat / depressed in the absence of...

  1. 495 Posts.
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    The SP of GXY will remain flat / depressed in the absence of positive reports / announcements in regards to
    1) Development option / funding for SDV
    2) 2018 off take price agreement
    3) Positive JB feasibility report / drilling outcome
    4) New stock market listing
    5) MC above nameplate production
    or 6) until 31st December 2017. window dressing by instos
    IMO, the double headed snake Instos have caused a lot of damage to current GXY SP.
    - They rented out their shares to shorters (for a fees / profit)
    - They profited further by acquiring more shares at discounted rate from Shorters' action
    - They have no concern about the day to day depressed SP - no requirements to report their investment performance on day to day basis.
    - But they will time (recalling of the shares) and pump the SP up near to year end financial close to show a healthy return.
    I guessed, they can afford to do that and assure of result (little risk) with company like GXY - sound fundamental and hefty free cash flow in coming years from MC operation alone.
 
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Currently unlisted public company.

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