GXY
Click for more information
0.00% $5.28 galaxy resources limited

It is ludicrous to suggest that GXY will pay a premium for A40...

  1. sensible123
    495 Posts.
    lightbulb Created with Sketch. 60
    clock Created with Sketch.
    21/08/19
    12:56
    Post #: 40075473
    It is ludicrous to suggest that GXY will pay a premium for A40 assets.
    A company under distressed and on life support can only wish they can survive and live another day, without the life support being turn off.
    If one can buy the shares in the open market for 8 cents, why would you pay any more than that.
    Any offer from GXY (if any) should be around or less than the current open market price.
    GXY Price at posting: $1.20 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

SVL Silver Mines models five new calderas close to 396Moz Bowdens deposit
right-arrow Created with Sketch.
NEWS Microcap Wrap: 5 explorers with news out today
right-arrow Created with Sketch.
EX1 Tryptamine Therapeutics completes maiden dosing of IV psilocin – a global first
right-arrow Created with Sketch.
ABY Adore Beauty buys up wellness brand iKOU for $25M cash
right-arrow Created with Sketch.
LRV Larvotto identifies new exploration target at NSW's Hillgrove, boosting shares by nearly 20%
right-arrow Created with Sketch.
AVA Ava Risk Group expands US presence with A$0.7M Substation Deal
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.