GXY 0.00% $5.28 galaxy resources limited

You'd be correct in saying they're originally a UK fund...

  1. 141 Posts.
    You'd be correct in saying they're originally a UK fund management company with 200+Billion in assets.

    Though, Prudential's largest division is Prudential Corporation Asia, which started in the year 2000.
    Now with 15+million customers vs 7-8mil in the UK.

    Regarding the looming Takeover...
    Does the Chinese influence run the S/P up in order to bank on a high-end takeover of the company.
    Or
    Do they assimilate the company into a Chinese-state run corporation.
    The later I see unlikely, due to australian regulations.

    Seeing has the investor influence comes from a company Fund management portfolio, dealing with a base of pensions & life insurance. I would conclude the takeover from another lithium company is more than likely, if it were to happen at all.
 
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