GXY galaxy resources limited
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  1. sroyle
    1,463 Posts.
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    03/08/09
    21:06
    Post #: 5464198
    LOL the 'sophisticated investors' are probably the brokers themselves. It's no secret that State One Stockbroking own a fair chunk of GXY stock already.

    Num.5 & 6 in GXY Top 20:

    5 STATE ONE HOLDINGS PTY LTD 1,544,275 2.0%
    6 STATE ONE EQUITIES PTY LTD 1,447,610 1.9%

    dishing out 35c shares at this stage is a touch too generous IMO.
    GXY Price at posting: 35.8¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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