GXY
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0.00% $5.28 galaxy resources limited

In the event of a default, GXY is only entitled to the $28m. So,...

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  1. asb83
    5,936 Posts.
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    27/08/19
    18:43
    Post #: 40180816
    In the event of a default, GXY is only entitled to the $28m. So, hypothetically, if they sold the assets for $100m, GXY can only claim $28m of that. The rest gets divvied up between shareholders or any other claimants.
    GXY Price at posting: $1.17 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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