GXY 0.00% $5.28 galaxy resources limited

Ann: Orocobre and Galaxy Merger - Announcement, page-87

  1. 76 Posts.
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    Unless I've missed something, GXY shares finished last week at $3.61 each.

    ORE shares wrapped the week at $6.20 each.

    Swap your 1 x GXY share for 0.569 x ORE share and you go from having $3.61 to having $3.53.

    If you've got 50,000 Galaxy shares you're down $4k.

    I'm sure there are positives that can be hypothesized around what this might mean for our future, but our future already looked pretty good to me and I can't help but feel like ORE is getting more value here?

    Happy to be corrected.
 
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