GXY 0.00% $5.28 galaxy resources limited

One more - on what basis do you say:"Toyota are entitled to...

  1. 38 Posts.
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    One more - on what basis do you say:

    "Toyota are entitled to maintain their 15% ownership in Orocobre, so when this merger completes and their ownership drops to 7% or so, they are entitled to bring that ownership back up to 15%, of which will result in dilution for all holders, but given the low ball value assigned to Galaxy shares, the holders get their face slapped on the way in, then screwed once they are in the door."

    Why would Toyota be arbitrarily entitled to maintain that ownership? May I also please have the benefit of owning the same proportion of the merged entity that I currently hold in GXY? That way I too can get a free 54.2% increase in the value of my holding, for no reason whatsoever!
    Last edited by trez133: 20/04/21
 
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