GXY galaxy resources limited

40c, page-8

  1. 23,958 Posts.
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    IF GXY can avoid a takeover offer in the next 8 weeks then retail sahreholders
    who bought-in about 80c should be right.

    like Talison, there is likely to be two or more bidders and eventually the Chinese
    will likely pay a premium price because the plant is in China.

    We just have to keep our fingers crossed that the bidding war for GXY
    does not begin until the SP hits at least 65c.

    The FIRB will likely have a long hard look at any Chinese takeover because of the recent Talison sale to China

    Cheers
    Moorookamick
 
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