Another strong day - ASX speeding ticket
GXY is having another strong day.... They have responded to the ASX query re price rise and strong volume... we know nothing!
Personally I believe it was due to a combination of factors... one of them being GXY is about to come into production... but another factor could have been the idiotic response to a Your Money Your Call viewers question re Galaxy. The presenter (from a large broking house) opined that GXY was a rare earth play and as such was very risky... he went on to show that he hadn't a clue about GXY.
This I believe provoked a number of people to have another look... and when they looked they were hooked.
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