GXY 0.00% $5.28 galaxy resources limited

realise capital loss or dollar average down

  1. 79 Posts.
    Would like to canvas opinion from long term GXY holders who I would say hold signficant capital losses on their GXY shares and are dismayed by shareprice decline.

    For a company with great promise and a high grade product the world requires I am disappointed and disallusioned by strategic decisions by management over past 18 months... I am significantly poorer on paper I personal hold a 50%+ loss on GXY. In hindsight and poor investment decision in a company and its management that does not care for retail investors.

    I am toying with the idea of realising a capital loss on GXY and buying back in..... or should I dollar average down given so much perceived upside? I see the potential however all I see is poor results and lack of transparency and guidance from GXY management.

    Feel free to add your opinion
 
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