I guess the argument is what GXY can do to stem this bleeding. not much in my opinion and it can get worse quickly if they post another poor quarterly. unless we see a possibility of reasonable announcement, slide will continue.
risk mitigation to cash flow by having multiple operating units. if one site develops a problem, other sites provide that necessary buffer. hope it makes sense.
if you are investor then it is as good an entry point as it will be. but if you want to short, there is still some margin imo
no financial advice.
- Forums
- ASX - By Stock
- Will Galaxy Resources reach $1.00 by the end of the year?
I guess the argument is what GXY can do to stem this bleeding....
-
- There are more pages in this discussion • 96 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online