A40 0.00% 8.2¢ alita resources limited

Ann: Administrators commence recapitalisation process, page-30

  1. 7,647 Posts.
    lightbulb Created with Sketch. 618
    "not the greatest deal of all time for GXY then is it? Pocket-change you say..."

    How much wesfarmers paid for KDR again?

    When you can see you are going to lose 40 million dollars as a share holder and get nothing out of it, might as well spend another 50 million and get the whole thing... GXY has plenty of cash they can buy A40 for peanuts, put a lock on it and wait for 3-4 years when the lithium market turns around.

    yep we can all speculate here... time will tell how ends up with the wet dream

 
watchlist Created with Sketch. Add A40 (ASX) to my watchlist

Currently unlisted public company.

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