GMM
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0.00% 65.5¢ general mining corporation limited

Question about buying more

  1. Luketh
    21 Posts.
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    04/07/16
    23:01
    Post #: 18192094
    Hi all,

    A question to those knowledgable about how these things work... If I buy more GMM stocks now (or any time within the bid offer stage) - are these shares still valid to swap to GXY shares? Will I receive another letter to sign and send off?

    Maybe I am missing something but it seems like a bit of an arbitrage opportunity here... no? If we can buy GMM shares and have them changed to GXY shares at a premium, that is basically the definition of arbitrage.. free money. What am I missing?
    GMM Price at posting: 82.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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