GMM 0.00% 65.5¢ general mining corporation limited

Hi fellas. Wise AC here. :) but even with my wise man hat on it...

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  1. 1,589 Posts.
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    Hi fellas. Wise AC here.
    but even with my wise man hat on it is a bit contradictory.
    The "and" relates to the "earlier" of 2 conditions - which confusingly ends up being 3 conditions.


    I think the wording has changed in this version. Where is this version from @CataclyzMick?
    My bidder's statment doesn't have that "subject to defeating condition" bit.
    Check page 14 if Bidder's Statement
    http://www.asx.com.au/asxpdf/20160622/pdf/43820h6p6qgpb4.pdf

    The terminology for clause 1 is different.

    anyway...
    I had always understood it to be 1 month after you voted, as long as the vote becomes unconditional, but not before the date of it becoming unconditional, and no later than 3 weeks after.

    Now - I have to agree it is so confusingly written that I'm really not sure when to expect my shares - other than 3 weeks after the 28th July.
    Even the way it was initially written is confusing enough for it to be interpreted differently.
    And that wording you have is different again...

    I still have my GMM shares and I voted 1st July.
    Do I allow for processing time and expect any day now? or 3 weeks after?
    I'll let you know when I get mine.
    I'm probably among the first to have voted.
 
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