GXY 0.00% $5.28 galaxy resources limited

Share Price Valuations, page-2

  1. 765 Posts.
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    Personally i feel it should be around $2.50 with the huge potential they have with the mines they own and are developing. Short sellers control this company and always have. Until they get some consistent production and contracts in place for a large volume of product that uncertainty is always going to allow the short sellers to dictate the price. Not forgetting us original owners went though massive capital raisings and a huge consolidation. Still makes me nervous what management might pull and why I am not too keen at this point to get back in.
 
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Currently unlisted public company.

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