Australia's largest stock trading and investment forum Australia's #1 stock forum

GXY

0.00%

$5.28 galaxy resources limited

New Lithium Related Article, page-694

First 694 Last

Share
Profile

Follow
Nightmarez3k

6,201 Posts.

251

09/09/18

14:39

Post #: 35482897
Share

Originally posted by vmp ↑

Very good question. Got no answer.
All I know is that a good normal going concern business uses all the levers in a balance way - debts, equity, dividend, balance growth, long term outlook. If these are in there, nobody will question the motives of anyone even if some not so profitable decisions are made once in a while. No such thing as perfect. But when something is amiss, questions arise such as yours. Also questions such as, who is more greedy?
-shorters who keep shorting and skinning the cat during summer, winter, autumn and fall
-instos who lend shares and also make money when sp goes up and and when it goes down
-management who doesn’t pay dividend and keeps all money to itself
-shareholders who don’t want dividend with the thought that their shares will become $20 if all projects are producing tomorrow

Post Not intended to offend or for anyone, just thinking out loud folks as the relentless shorting has prompted all expresions of POV’s.

P.s. I was gonna buy at $2.50 but any price doesn’t seem to make sense. Value is totally detached from the sp. As I mentioned in an earlier post in this thread, cash doesn’t impress. CBA has billions of cash in its ATMs and vaults. They mean nothing to Joe unless it is in his account name.

Cheers

Expand

Shares become for valuable when there are less shares or we all own more of the cash machine.

GXY Price at posting: $2.65 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

SLS

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

WCN

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BUX

Buxton projects new graphite province discovery at WA Narryer play

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

NTI

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI

BCI reaches close of funding facility for salt-first part of Mardie project

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

CKA

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

There are more pages in this discussion • 4,604 more messages in this thread...

First 694 Last

Add GXY (ASX) to my watchlist

New Lithium Related Article, page-694

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Buxton projects new graphite province discovery at WA Narryer play

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Featured News