GXY 0.00% $5.28 galaxy resources limited

Ann: Mt Cattlin update,GXY-GMM.AX, page-56

  1. 6,196 Posts.
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    Yes, a 3rd party offer could conceivably come from somewhere. However, given the tie up between GMM and GXY there is little chance of that happening. You'll find that the directors have to advise shareholders that there may be a better offer, but if not, then they should accept this one.
    The supplementary bidders statement was also released tonight as well as a revised substantial shareholders notice. We are at 46.23% without Tribeca and Fotios's shares included (another circa 16%).
 
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