Tomorrow will present great buying opportunities for savvy investors across a range of stocks. There's an old adage that markets are driven by fear and greed. And there will certainly be a lot of fear around tomorrow, which will see many stocks oversold. However, for a lot of stocks, the sell-down is followed by a strong rebound, and some stocks will finish where they started - with lots of investors feeling a bit silly that they sold out.
How much direct impact will political and economic upheaval in Europe have on Graphex? Brexit may well cause ripples in the global economy, but the impacts will be most severe on companies directly linked to the UK. Graphex isn't in that camp. We're looking at a Chinese government-owned company wanting to invest a lot of money in an Australian company, in order to develop a graphite mine in Tanzania, to supply materials for China. No strong UK connection; just a market-leading product, a very serious and financially-sound backer, and a massive near-term opportunity. So if GPX gets caught up in a general sell-off, grab whatever you can because these shares won't be this cheap for very long.
GPX Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
