GXY
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0.00% $5.28 galaxy resources limited

Ann: Results of First Court Hearing, page-4

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  1. butcherboy
    20,027 Posts.
    lightbulb Created with Sketch. 875
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    02/07/21
    15:33
    Post #: 54243581
    Good question. ORE shorts can probably remain as they are. I assume maybe GXY shorters will be reallocated ORE shorts at the rate of 0.569 per GXY shorted share, but I have no idea. Imagine if they had to cover their short positions prior to the merger, that would be a good outcome for all shareholders.
    Last edited by butcherboy: 02/07/21
    GXY Price at posting: $3.77 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 13  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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