GXY 0.00% $5.28 galaxy resources limited

You reckon the company has lost 70% of its value for "no reason"...

  1. 5,792 Posts.
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    You reckon the company has lost 70% of its value for "no reason" over the last 18 months. Have you been living under a rock for those 18 months? Spod pricing has dropped like a stone over that period (fact), there is an oversupply of spod feedstock (fact), producers are throttling their production as a result of oversupply (fact), etc. That's just to name a few things. And that's before we even begin with the company-specific issues.

    Your post couldn't have come at a better time. I'm in the middle of writing a book about the nonsense that GXY holders spit out and this will certainly make the cut
 
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Currently unlisted public company.

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