GXY
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6.40% $3.51 galaxy resources limited

POSCO Joint Venture, page-49

  1. remirez
    7,480 Posts.
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    26/03/19
    12:39
    Post #: 37885944


    meanwhile LYC got a takeover offer out of the blue at a 44 per cent premium... based on GXY's dismal SP, a takeover offer now at a similar premium, sees an offer of $2.75, well below what most punters would have paid.

    risk of takeover offer is EXTREMELY HIGH at these prices.

    Last edited by remirez: 26/03/19
    GXY Price at posting: $1.91 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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