GXY
Click for more information
0.00% $5.28 galaxy resources limited

Ann: Orocobre and Galaxy Merger - Announcement, page-142

  1. MEsol
    30 Posts.
    lightbulb Created with Sketch. 6
    clock Created with Sketch.
    19/04/21
    11:48
    Post #: 52562053
    " ... have its head office in Buenos Aires, Argentina"

    This is not a merger of equals, but an overseas takeover of an important Australian lithium producer.
    GXY shareholders don't even get much benefit - the market value looks the same, and we don't get much seat in the new company.
    I'm not against it per se - that is capitalism - but I am saddened to see yet another offshoring, the sum of which contribute to Australia never realising its full potential.
    GXY Price at posting: $3.70 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

BIO Biome posts record sales revenue of $13M in FY24 – up 80% vs pcp and higher than forecast
right-arrow Created with Sketch.
ITM iTech lifts MRE at Eyre Peninsula Graphite Project by 300%
right-arrow Created with Sketch.
LLL Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng
right-arrow Created with Sketch.
LRV Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%
right-arrow Created with Sketch.
AVA Ava Risk Group expands US presence with A$0.7M Substation Deal
right-arrow Created with Sketch.
NEWS Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.