Share
458 Posts.
lightbulb Created with Sketch. 0
clock Created with Sketch.
17/04/18
21:09
Share
Originally posted by FrantzFanon
↑
We will see what tomorrow brings. The last time GXY had a positive quarterly the news was absolutely buried by SQM, followed by the Dow Jones 1500 point meltdown, so that didn't help much.
However, the SP has gone past $3.50 twice since then.
It is likely to be a positive report but rather than sending the price up it might just stabilise it in the $2.80s/$2.90s.
It is unlikely that the SP will fall further in response to a good report unless there is some significant other (external) factor at play tomorrow.
We continue to be told that an SDV deal will be done and announced in the second half of 2018. Whatever happens between now and then, that announcement will be a huge boost for GXY.
Expand
How do you know the news about the SDV will be in the second half?
Nothing has been mentioned about SDV since OCT last year.