GXY 0.00% $5.28 galaxy resources limited

Ann: Orocobre and Galaxy Merger - Announcement, page-560

  1. 13,278 Posts.
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    "...once the merger is completed.... Some on here think the sp may go down"

    I think these are people who may not hold shares anymore, and it may be a cognitive bias talking!


    "I would have though if the merger is successful - with economies of scale and improved efficiency and lower operating costs - sp would appreciate to reflect these new benefits. What are your thoughts?"

    I agree this should be the case. Also, imo a lot rests on where the instos and big funds allocate their money.
    Subsequent inclusion in various indices due to the larger market cap of MergeCo should be beneficial in this regard.
    Now is the time to accelerate SDV imo, and get that towards 50ktpa ASAP.

    Time will tell.


 
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