GMM
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0.00% 65.5¢ general mining corporation limited

Ann: Trading Halt request-GMM.AX, page-22

  1. bmloho
    808 Posts.
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    26/05/16
    13:06
    Post #: 17873192
    I would guess it is a 2 for 3 with 10/20 cents cash.

    That is for every 2 GMM shares you own you get 3 GXY shares and 20 cents cash.

    Cash component funded from what GMM owes GXY for the buy ins.

    Only a guess.

    Cheers
    GMM Price at posting: 61.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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