They can't even talk to potential suitors now until this has played out, There are "no shop“ and “no talk” restrictions on both parties. This SoA will take its course and GXY shareholders will get to vote on it. What are the big shareholders thinking? I would suspect that they will be on board with the merger. In which case this could be a moot point until after the merger, after which M&A activity might fire up again as MergeCo will be a top 5 lithium market asset.
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