GXY (ASX) SP tumbling, is there a agenda? And how low will it drop

Originally posted by GCar: ↑

It's not just a case of different opinions. People bashing the company purely because the share price is down, and trying to use flawed fundamental reasoning or clear FUD to justify their bashing, is very different to people assembling the pieces of a long term puzzle, that has a multitude of very solid reasoning to support the excellent long term prospects of this business in an exponentially growing sector.
There is a big difference.
Those basing their view that the company is rubbish etc on share price alone should put up some reasoning other than "the share price says so", because that is all they have, mixed with nonsense about no SDV JV etc..
They persistently refuse to acknowledge that almost every ASX Li company has a similar sp performance over the past 12 months, and try to use this performance to justify their FUD claims of company specific poor management, no deals etc.
Absolute garbage. asb-olute garbage.

Are they on every other Li company thread claiming poor management and rubbish this and that..? No.
Agenda-driven FUD, clear as day.
They should be in the trading forum, chasing pips and trying to be like the Sharks they admire so much.

Not to mention that about 40million shares have been shorted over the past year or so, adding a "fake" selling effect to the share price. This is very different to holders (retail or otherwise) selling out their positions because they have lost faith in the company. But it has the same (short term) effect on the share price! And they then use this to claim the "market has spoken". Yeah right.

The long term prospects clearly remain strong imo, and as others have said, get stronger as time goes on.

The FUDsters have absolutely failed to provide any sound reasoning as to why they think the company is rubbish. Trying to associate short term share price with fundamental company value is a fruitless exercise. Time will iron this out, as the company grows and its future prospects turn into reality.

I truly hope they stick around as we develop multiple operations and multiply our earnings over the next handful of years.

More bargains for the bottom drawer imo.
GLTA long term investors here!!

Expand

GCar,

like i said numerous times before, I am long, never sold even at peaks.

however, when your hold drops nearly $3 a share, questions must be asked.

if it drops further vultures will attack very soon and it won’t be profitable to us retail holders.

management made horrendous decisions

5-1 consolidation was the biggest mistake

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