GXY 0.00% $5.28 galaxy resources limited

Hi @remirez, HC forum doesn't like anything said about AT. In...

  1. 594 Posts.
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    Hi @remirez, HC forum doesn't like anything said about AT. In this case the management is wrong.
    There have been many asx companies where the cash in hand is more than the MC. Even cases where div was above SP.
    At 1.60 management bought on market. If you add the posco sale, than the value would be more. The fact that there is no response, allow this to go down.
    If the institutions are in together, they can remove the board.  Other lithium producers now exist, gxy no longer have the luxury of waiting. Buyers can bypass gxy until it runs out of funds. The chinese have been doing this for a long time and took over many companies.
 
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