GMM 0.00% 65.5¢ general mining corporation limited

So what happens if on the day of the take over GMM shares are eg...

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    So what happens if on the day of the take over GMM shares are eg .92 cents and GXY shares are .54 cents ? Don't we loose money? I doubt if any of us are in this to loose. Or am I missing something here?
 
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Currently unlisted public company.

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