GXY galaxy resources limited

Banter and General Comments, page-9064

  1. 8,746 Posts.
    lightbulb Created with Sketch. 2629
    Yeah, I see where you are coming from.

    I can't help but get the feeling that around that price is where Martin & Anthony would allow a takeover to go ahead. Including those options would give them an additional $11 million each.
    Though I could be wrong and overthinking it a little.

    Speaking of A40, something else I have been wondering is when did Galaxy get into them? Was it before the Cowan life raft was inflated but never went to IPO. Why didn't it go to IPO?

    I found this in the IPO document.

    "In consideration for the acquisition of the Demerger Interests (and indirectly the Projects), the Company issued 61,266,465 Shares, 15% of which continue to be held by Tawana with the balance distributed to (or on behalf of) Tawana Shareholders."

    I don't think anyone has brought up Galaxy's ownership in Cowan Lithium. I'd be interested to have confirmation that they exist, because if Galaxy was hiding under the 5% and just say for arguments sake that Galaxy do acquire Alita. Then wouldn't that mean that Galaxy would then own close to 20% of Cowan? and what does 20% ownership in Cowan potentially do for Galaxy?

    2 for the price of one?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.