TAM 3.57% 2.9¢ tanami gold nl

Ann: Update re Northern Star HoA, page-3

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  1. 430 Posts.
    This might be very interesting.

    As released on 26/2/2015 the company announced

    1.
    after careful consideration, is of the opinion is superior to the transaction contemplated by the Metals X; then in the same release

    2.
    intends, subject to there being no superior proposals, to vote in favour of the NST Transaction and against the Metals X Transaction, in relation to any shares owned or controlled by them.


    It then goes on to say in the quarterly report dated 31/3/2015

    3.

    intends, subject to there being no superior proposals, to vote in favour of the NST Transaction and against the Metals X Transaction, in relation to any shares owned or controlled by them.


    I believe that a reasonable person might just decide that the words in the releases are a recommendation.  What might the damages be one wonders?
 
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