who saw that coming!
Positives:
-Bigger company, rivaling gangfeng's 24b market cap gives a heck of alot of upside here
-Less risk and volatility purely hedging us to lithium which is why alot of us our invested
-Skillsets and expertise deriskings this all
-Balance sheet strength = no dillution really
-converter capacity and automatic buy-in with Toyota, the worlds largest manufacters who also happen to have US operations. One would be silly -to assume toyota isnt going to continue to be a major player in automobile
Cons:
-We dilute upside potential for SDV which could have been many x return
-I dont think ORE has great management even though i have been invested as long as i have with GXY
Overall, far more positives than negatives and i have a feeling the market is going to attach a premium to this merge co given the size and competitiveness in market.
With this much invested in lithium, overall I appreciate the derisking this brings
- Forums
- ASX - By Stock
- GXY
- Ann: Orocobre and Galaxy Merger - Announcement
Ann: Orocobre and Galaxy Merger - Announcement, page-8
-
- There are more pages in this discussion • 687 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online