GMM 0.00% 65.5¢ general mining corporation limited

Ann: Bidders Statement,GXY-GMM.AX, page-15

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  1. 1,589 Posts.
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    I'm not sure how they tell if a holder is foreign or not.
    If its address only - you could be an aussie in New York?

    I guess its up to every foreign holder to work it out for themselves but as GMM value is likely to lag the 1.65 ratio all the way to the end then it may still work out best to vote "YES" and let the process run - have Canaccord sell your shares and give you the cash for buying GXY again...

    or not...
    The merged entity may spike higher meaning that cash is less valuable than the merged shares...meaning selling and converting now may be the best in the long run...

    tricky.
    Best of luck to our international GMM holders.
    Hope to see you stay on board with GXY whichever way you go.
 
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