GXY 0.00% $5.28 galaxy resources limited

uk investor chronicle - buy, page-9

  1. 74 Posts.
    I believe the impression this side of the world of Galaxy is as follows:

    - has struggled recently as a result of the economic downturn
    - the latest funding was raised at an inappropriate level. A heavy discount on the share price was applied because of said economic downturn
    - Management are strong and have developed the business with great efficiencies
    - There is real demand for Lithium from Chinese producers
    - Lithium is at its bottom levels and should rebound soon on the basis of future demand for EV bikes and cars.
    - Galaxy should rebound in line with the lithium rebound
 
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