GXY galaxy resources limited
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junior producers as takeover targets, page-7

  1. Maxi II
    1,141 Posts.
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    16/12/12
    18:58
    Post #: 11194979
    Yep why does anyone buy anything? Its when they perceive benefits outweigh the cost.

    A few years back Talison couldn't get a start on ASX with quite a modest valuation, so went TSX.

    Now someone's paying $815m for it. The good thing for Galaxy holders is that this sets a benchmark valuation for comparison, the two companies have a number of similarities.
    GXY Price at posting: 13.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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