GXY 6.40% $3.51 galaxy resources limited

James Bay, page-33

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    In my inbox today from thebull.com.au. Buy recommendation:

    Galaxy Resources (GXY)

    Chart: Share price over the year

    GXY is one of our preferred larger cap lithium stocks. We expect the overhang from its $61 million capital raising in February to have subsided. The company should benefit if demand for lithium stays strong and pushes up prices.
 
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Currently unlisted public company.

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