GXY 6.40% $3.51 galaxy resources limited

i agree, they have too much cash and undervalued market cap. The...

  1. 770 Posts.
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    i agree, they have too much cash and undervalued market cap. The vultures thrive on this will be looking to buy and split unless GXY does something about it soon.

    So i am very confident that the SDV partner will be announced and cover the bulk of funding. The extra cash will be used to fund GXY component. The rest of the money will either go to a buy back or an investment into an upstream converter. Whilst i'd love a buy back, i think realistically its an opportunity to get a piece of the value chain and diversify. In the long run and given i am here for the long run, thats the best? In the meantime, its going to be a spectacular squeeze.

 
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Currently unlisted public company.

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