GXY
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0.00% $5.28 galaxy resources limited

Sorry but it wont be $2.50 today. It looks more like $2.15...

  1. pranav1980
    828 Posts.
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    28/02/19
    11:19
    Post #: 37600412
    Sorry but it wont be $2.50 today. It looks more like $2.15 close!!
    Instead of $280 million now it will only be $195 million after tax of 30%. Now 95 million in tax is not a small amount. Hardly anyone knew about this huge tax payment!!!
    Again miscommunication from management and hence the reason for SP getting bashed.
    Its time to blame management instead of shortsellers for SP performance
    GXY Price at posting: $2.13 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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