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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