GXY 6.40% $3.51 galaxy resources limited

Trying to predict the share price in 2 months' time is a mug's...

  1. 1,696 Posts.
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    Trying to predict the share price in 2 months' time is a mug's game; haven't you worked that one out yet?!

    Those of us who are not trying to ride the waves with the Sharks (and get eaten alive in the process) are here for fundamental reasons - those that will drive the long term growth and success of the business. In that case it doesn't matter what happens in the short-medium term because we all know the Sharks will take the share price wherever they damn well please with the $$ and their shorting power. In the long run it is a different story. Time will tell.

    I won't be celebrating 2.60 or cursing 1.80 in the short term; it'll be whatever they want it to be.... Until the business grows and they simply cannot keep a lid on it any more... Derisking.. Growth... It all takes time. People aren't patient enough and it costs them a lot of money in tough lessons.

    Personally, I'm looking forward to SDV producing and some downstream conversion for our spod... And the subsequent rerating that goes along with that; be it gradual or exponential. I got time.

    Good luck
 
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Currently unlisted public company.

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