Ann: Galaxy takeover offer extended,GXY-GMM.AX, page-28

Today's announcement was a bit of dotting i's and crossing t's.

It makes no difference if Fotios has his total added yet or not.
There are approx 35% of shares in the hands with the biggest 7 holders - and there are less shares than that left now.
Someone there has voted but not all of them. The daily updates have been too small for these additions prior to Friday.
All of these 7 will end up in the Yes vote category because of their large holdings in GXY.

Friday's 25% increase definitely included Tribeca with 6%. It would also have had some retail.

If Fotios (10.34%) has voted then it's likely that National with 8.9% are still to vote.
They also have a big GXY position (5.08%).
or JP Morgan with 6.64% (and 11.73%! GXY).
or a bunch of other combinations that take this past 80% quickly.

It actually only takes one of these bigger players now.

The best tactic right now, imho, would be for GMM (ahem.. I mean Fotios) to accept the deal as soon as it passes 80%.
Forget 90% for the moment. End it this week.
Let the stragglers get mopped up later.
Proceed with de-listing. Whatever. The main thing is that the main mission is done.
GMM is over. The money and profits and assets all belong to GXY.

The oz lithium market is looking for a strong stable company right now
and the merge sets Galaxy apart from the rest of the absolutely chaotic mess in the sector.

I am expecting this to clear up just in plenty of time for the successful merge to coincide with the July 29th media blitz around the Tesla gigafactory.