GXY 0.00% $5.28 galaxy resources limited

GMM Merge: Everyone needs to vote... (GMM holders), page-23

  1. 1,658 Posts.
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    Endyne - you're a smart and careful code-type guy.

    DFS is the shot in the locker. Play that and no more shots to play.
    Its worth a long and sustained rally with clear air.
    With the fog of pre-merge its another feast for day-traders.
    Jeez. Bugger that. It'd be like asking a girl to marry you while you're waiting in the dole queue.

    Your decision to wait this out won't be the cause of anything but neither is it being part of any solution either. SDV info is already out there to study. The main thing is the finance plan - and Plan A currently hinges on the merge.

    Time to put that GMM hat on again but properly - and around the right way.

    The real question is what would happen to GMM without a merge?
    The boss wants it and they've been wanting to do it since Day 1. It is Fotios returning to his old company and buying back into GXY with a huge chunk of money. He becomes a director of Galaxy with 10% more shares. What does GMM look like when management no longer own shares in the company?

    One way or another this will happen. And soon. Its most likely to happen in a rush when the remaining Top 21 slide in - something they're probably colluding on the timing of with a few little phone calls behind the scenes right now.

    Guys like yourself - in the name of being careful are just dragging this out for the rest of us for no reward. You will just get your GXY shares later than the rest of us.
    Your shares are worth less than GXY-merged options and GMM would soon be left behind. GXY can go on to JV with anybody they'd like on SDV.
    GMM is Option Number One - The Fair Deal. The best scenario for both companies.
    Option Number Two - GMMEXIT and hello to a bigger finance partner in SDV.

    If I was Ruthless Tony I'd ring Agreeable Mike the minute acceptance hit 80% and de-list GMM. Remove the offer and eventually replace with a lower one. No hurry though...
    Then the fence sitters could enjoy a bit of the sharp end for a few months while the rest of us get on with our lives at GXY.

    Only kidding. But yeah.... No Pain No Gain.
 
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