GXY 6.40% $3.51 galaxy resources limited

Ann: POSCO Transaction Complete, page-106

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  1. 715 Posts.
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    The trading halt did not make much sense since it was merely the completion of an already announced deal and there was no new information provided however the SP has moved a bit today suggesting there was still the potential for insiders to profit a little from the information. There is also the possibility that the SP would not have moved so much today without the more positive macro sentiment from last last week given the lack of new information.
 
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