GXY
Click for more information
0.00% $5.28 galaxy resources limited

Will Galaxy Resources reach $1.00 by the end of the year?, page-109

  1. steven1459
    2,398 Posts.
    lightbulb Created with Sketch. 179
    clock Created with Sketch.
    07/06/19
    20:02
    Post #: 38968033
    From memory they have 80mil tax liability... so really they have around $286mil AUD in cash after tax payment not 400mil as some state... cash backing will be around 75c not $1.00 after tax payment.... so drop to $1.00 could occur without going under cash backing....
    GXY Price at posting: $1.47 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply
 

Featured News

ETM This ASX stock could sue Greenland's government for 4x its annual GDP
right-arrow Created with Sketch.
SLS Historical prospects impress Solstice, with 25% copper and significant anomaly
right-arrow Created with Sketch.
NEWS Webinar: What investors should know about what it takes for ASX-listed companies to get medical developments to market
right-arrow Created with Sketch.
BCA Rock chips of more than 58% manganese guide Black Canyon's future drilling at Wandanya
right-arrow Created with Sketch.
NMT Neometals eyeing 80% stake in US-based precious metal waste recovery plant
right-arrow Created with Sketch.
DY6 DY6 Metals (ASX:DY6) shares soar as company flags historical rare earth hits
right-arrow Created with Sketch.

Top Stories

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.