GMM 0.00% 65.5¢ general mining corporation limited

Ann: Trading Halt request-GMM.AX, page-49

  1. 1,254 Posts.
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    Hey folks,

    First post and relatively new to the trading game so HC has been a valuable info resource.

    I only bought into GXY recently and then GMM a few days later once it became apparent the JV deal was an exceptional outcome for GMM.

    Assuming the merger goes through, I am curious as to whether the terms of the original JV deal will carry much weight at the negotiation table? Does anyone else get the feeling this is phase 2 of a 'bait n switch' tactic on behalf of GXY ? Blind Freddie could see this move was always in GXY interests ? Do you think GMM shareholders are going to be fairly compensated I guess is my main Q…?

    Thanks in advance from a greenhorn investor
    Last edited by BytheHorns: 26/05/16
 
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