GXY 0.00% $5.28 galaxy resources limited

Ann: Orocobre and Galaxy Merger - Announcement, page-306

  1. 7,867 Posts.
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    Sometimes I get mesmerised by large numbers these days and need a check but ORE have around/over 350m shares on issue which surprised me
    ...................Granted the new Company will have over double that , not too bad imo

    Do you know if ORE have ever done a consolidation with their shares? Went back two yrs with announcements.

    GXY have done a 1:5 consolidation as an example which makes their SOI seem attractive.

    Its a great handbrake having billions of SOI when still a fledgling Company and can make me steer clear of those Companies.
    Its the first thing I look for with Companys it also can tell me a bit about a Company's Management team.

    Anyway some posters helped me out with SOI for ORE

    Md

 
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Currently unlisted public company.

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