GXY 0.00% $5.28 galaxy resources limited

I think anybody with a buy sentiment is just pulling our leg Why...

  1. 8,033 Posts.
    lightbulb Created with Sketch. 566
    I think anybody with a buy sentiment is just pulling our leg
    Why would anybody be buying when it is so clear where the SP is heading.
    Albermarle are telling shareholders that the over supply likely to last 18 months.
    As we know companies give a best case ...so expect it will last a bit longer than that.
    Shipping 15k this quarter will see cash being burnt big time.
    There are no positives to be seen...unless you expect a takeover bid


    Cheers
 
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