GXY 6.40% $3.51 galaxy resources limited

It's extremely unlikely Management will waste their time trying...

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  1. 8,472 Posts.
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    It's extremely unlikely Management will waste their time trying to influence the day to day shareprice by filling in vacuums with information that's already out there, firstly its not their job and secondly all it does is give day traders an oportunity to grab a pip or two.

    The market forces are considerably bigger than Management ability to control them so If investors can't get their head around what the Company is trying to achieve with the information already given, then no amount of updates will likely change that IMO , misinformation gets spread regardless, it's what they do.

    If investors won't believe what the Company has signed off on publicly in quarterlies , annual reports etc why should we expect them to believe anything else they say...which is probably why they say very little, some causes are lost causes..

    As every Lithium related stock has been hammered in recent times then the assumption is they are obviously all poor communicators, hopefully they are spending their time running their Companies.

    IMO the price of Lithium is the best communicator and its heading up currently, as is the shareprice ...if it continues up there is a very high chance we will follow..

    Anyway your welcome to continue your crusade and I wish you well but don't get your hopes up...

    There is saying often used by Management and that is untill you hear otherwise things are proceeding as per the last update, which is another way of saying that unless there is a material change you won't hear from us untill the next quarterly..

    Cheers Whisky
    Last edited by whisky49: 28/02/19
 
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