GXY 0.00% $5.28 galaxy resources limited

Unfortunately. It's only worth what the market is prepared to...

  1. 2,768 Posts.
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    Unfortunately. It's only worth what the market is prepared to pay for it. Hardly anyone even knows what Galaxy is, or does, unless they are already into Lithium. That is the nature of the industry sector.

    Now if the whole lot is valued at 0.56. It would be pretty simple for a T/O offer to come in at a 10% "premium" and offer 60c or so, and just take all of Galaxy for $1.07B

    Not saying this is what I want to see happen, but we should consider the possibility eh @Thesi?

    All we can offer at the moment is an upgrading plant, and a bunch of missed shipments and risk. We know the risk is low, the profitability is high, but try convincing a new investor of that right now, there are few positives to sell.
    Last edited by shades2: 26/09/16
 
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