GXY 0.00% $5.28 galaxy resources limited

Macquarie very conservative...

  1. 2,393 Posts.
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    Does anyone think this drop in GXY has been manipulated by certain parties because today GXY will trade 1.65 GXY share for every GMM share? So it's in their best interest the price is lower? I predicted this same scenario playing out month ago on the GMM thread. Due to my own laziness and lack of action to follow my own advice my portfolios going to look a bit sad this morning
  2. 8,739 Posts.
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    There is a possibility of a drop when the GMM shares hit the market. Doesn't mean it will occur.

    The company has been working hard to get this merger over the line and now it is here.

    Once all the shares have migrated over then it will be time to begin the marketing campaign.

    What if the new spiral separation units have been able to pick up gold as well as removing mica and tantalum?
 
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