GXY
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0.00% $5.28 galaxy resources limited

Ann: Acquisition of Senior Secured Debt Facility, page-97

  1. Nightmarez3k
    6,167 Posts.
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    27/08/19
    19:38
    Post #: 40181709
    GXY conteols more of the spice coming out of Australia.

    It is front row seat for a recapitalisation of A40 and also in front for a debt for equity swap.

    I own A40. But haply for GXY to win from the move as I will still win if GXY does.

    $41M shares debt for equity swap plus and some free shares as part of any deal.

    51 percent of A40 guarantees control of the spice. Not to mention tribeca owns both A40 and GXY they win heads or tails.
    GXY Price at posting: $1.17 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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