GXY 0.00% $5.28 galaxy resources limited

Galaxy Resources Take Over, page-4

  1. 8,745 Posts.
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    @philipg I just don't get it.

    Unless we are being held down with mountains of cash what took place today is just completely bizarre.

    Though as they say time will tell.

    But how much time do we have left is the question that I have.

    At this price the options Galaxy management have are executable for a small profit which further increases the cash hoard by I think it was almost $60 million.

    By the end of this year when the transaction completes the company will have probably around $600 million.

    Are we going to be refined to a market cap around $1 billion by then also?

    Anyone know some comparison companies particularly those like this that were taken over?
    Last edited by Thesi: 28/08/18
 
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