GXY 0.00% $5.28 galaxy resources limited

Why the GXY share price should rise tomorrow, page-303

  1. 820 Posts.
    lightbulb Created with Sketch. 327

    A few pundits named GXY as a potential take over target in 2019.

    For some of those who think the company has good prospects, and I'm among that number, it seems obvious that now would be a suitable time to "attack".

    The big holders haven't budged. If they were worried, they'd exit - or wait for a semi-recovery, then exit. They didn't go to the door at $2.88 or $2.08 either.

    If the price climbs up to over $2, maybe up to $2.20/$2.30 and you don't see movement from the big holders then, they are definitely in it for the long ride.

    So why no takeover at this price? No debt, bit of a war chest, good medium-long term prospects...

 
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.