This will take a while a couple of months to settle.
How will you feel if lets say GXY announces something that has no bearing on GMM operations atm.
Could be to with the brine out is South America or closer to home for example buy of the last 20% of Sidar JV with trakka resources adjacent to MT Catlin.
Now that we tied at a hip by 1.65 rope any positive announcements by GXY will be reflected in our SP.
These guys are not stupid. They know to get this over the line at that ratio, two things have to happen
1) price has to be well north of 61-62c
2) Price rise catalyst has to come from GXY related operations.
GMM Price at posting:
70.8¢ Sentiment: Buy Disclosure: Held