GXY
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0.00% $5.28 galaxy resources limited

Galaxy is a cheap takeover target, page-78

  1. WolfOfCollinsSt
    200 Posts.
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    19/05/19
    01:32
    Post #: 38633763
    Sorry can someone help me to understand.
    Hostile takeover requires greater than 50%??
    at current MC that is $350m...
    there is $400m on the balance sheet in cash and has an asset producing positive cashflow..
    is this a no brainer??
    GXY Price at posting: $1.64 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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