Ann: Change in substantial holding from Galaxy Resources,GXY-GMM.AX, page-12

I think you may have jumped too early. I am still topping up and expect GXY to head towards a $1 once the merger is complete and the funds start taking a serious interest. The only slight risk for GMM holders is if they do not accept the offer and get stuck in a death zone i.e. between 80 and 90% acceptance. The merger will not be complete, in practice GMM will be run as a subsidiary of GXY and there will be little or no demand for GMM shares. This is an unlikely scenario as the acceptance is likely to go past 90% but tardy GMM holders should be aware. Looking forward to more good news coming soon.