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0.00% 8.2¢ alita resources limited

Chinese player swoops in on embattled WA lithium miner, page-12

  1. Haplo
    16,997 Posts.
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    29/11/19
    20:10
    Post #: 41719357
    Yes definitely....GXY board will most likely now be forced to make a script offer for Alita. Bad news for GXY holders are their shareholdings will be diluted and GXY forced to spend more cash on Baldhill.


    GXY burning their cash more quickly than a drunk sailor on shore leave.


    Looks like the Chinese have carved up their own GXY turkey this Thanksgiving

    Last edited by Haplo: 29/11/19
    A40 Price at posting: 8.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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