GXY 0.00% $5.28 galaxy resources limited

welcome onboard asb83, don't be so quick to sell this time and...

  1. 10,895 Posts.
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    welcome onboard asb83, don't be so quick to sell this time and you might make some money. If Galaxy say DFS in May and AGM on 15 May, doesn't take a genius to figure out DFS wont be released day after AGM

    But of course, that is just the appetiser, not long until a major player either takes a 'non-controlling stake', or in my opinion there is a greater likelihood of an unsolicited takeover offer given our low market cap and the value of the projects.

    Ganfeng, Tianqi and Posco have deep pockets, but then again who knows who else is in the mix. JP Morgan don't come cheap, so i doubt this will be a drawn out process, the front-runner will be keen to seal the deal before a competitor swoops in.
    Last edited by remirez: 02/05/18
 
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