GXY galaxy resources limited
Add to My Watchlist 0.00% ! $5.28

Shorters coukd have been hired by a 3rd party to help reduce the...

  1. userxyz
    3,463 Posts.
    lightbulb Created with Sketch. 916
    clock Created with Sketch.
    31/07/18
    21:07
    Post #: 34657186
    Shorters coukd have been hired by a 3rd party to help reduce the company value before a TO (by the 3rd party).

    How much money the shorters lose becomes irrelevant (their losses will be covered by the 3rd party with the savings they make by buying a company for a fraction of its value).

    In all honesty, GXY fundamentals are so strong that it is the only scenario I fear.
    If there is no TO the SP will always rebound. This compaby is great. I just wish Management was more vocal. Anthony's silence makes me nervous.
    GXY Price at posting: $2.85 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS Anson Adds 100 Strategic Claims to Green River Lithium Project
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.