yes this is correct findinggems the kicker his is is that the 5%...

yes this is correct findinggems 

the kicker his is is that the 5% remainder is by design.

any company attempting a take over need to know 100% that the cash has been transferred out of escrow.
this is protection for Galaxy.

what it shows is that POsCO is almost certainly a bidder for JV at SDV. I can safely assume this because if they were not, they would simply take over galaxy as they are the only company that doesn’t need to wait for the funds to be released from escrow before making A play. It’s there money so any take over whilst in escrow would simply result in them getting their cash back and all of galaxy’s assets.

which leads to my question of, will galaxy actually even tell the market the salta transfer have been completed and therefore funds released from escrow?

it seems the longer the time taken the more benefit to galaxy. Who ever wants to buy galaxy is determined.