GXY galaxy resources limited
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Why no speeding ticket, page-7

  1. Calvo
    11,762 Posts.
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    30/04/19
    09:31
    Post #: 38319112
    $600M m/c for GXY assets are cheap.

    The problem does lie in the Lithium market which is very soft and shorters are in the market to make money, it's their job.

    Problem lies with many analysts forecasting flat revenue upto FY2020 ~US$145-165M

    Meaning no one can see revenue grow next two years unless lithium market reverses.

    Good area to accumulate.
    Last edited by Calvo: 30/04/19
    GXY Price at posting: $1.52 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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