GXY 0.00% $5.28 galaxy resources limited

1 for 1 at 8c, page-18

  1. 12,607 Posts.
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    not to mention that all of this will require an EGM for approval

    "transfer of wealth" ?????

    not in my books - unless you are talking my pocket to company/ or non entitlement takers to entitlement takers IF GXY survives - and guess that is a big IF ?

    so 50% new shares + 3 for 2 options : what's that in total ???

    transfer that to an imaginary EPS - still worth investing in ?

    What "non core assets" are they going to dispose of ?

    Mt Cattlin/Sal de Vida ????

    Taking the "offer" to 8c - that in itself shows us how confident the directors are in the underlaying assets - or am I way off the mark there?

    BTW - who is holding the convertible bond notes ?
 
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Currently unlisted public company.

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