I completely agree with you - I think time will be our friend with this company. It's sush a positive move and the market has only looked at the dilution - which is slight - hopefully future events can be funded by the company's sales of Li2CO3 and it's loan with the Chinese banks, as I think any further cap raising will be the straw that breaks the camel's back. I think it's a bold takeover and even though the market is viewing it very negatively it will add a lot of value in the medium to long term. At this price it's a screaming buy imo. Time will tell.
GXY Price at posting:
23.6¢ Sentiment: LT Buy Disclosure: Held