AZM 3.57% 2.9¢ azumah resources limited

increase to 19.09%, page-3

  1. 376 Posts.
    Probably just a typo, but worth noting the shareholding is now 19.9%, just under the level where a takeover offer would be required. From here AZM could either use 'creep' provisions to increase holdings v slowly over time, or use a formal takeover offer.

    I agree with the view that a takeover is currently an unneccessary distraction and a likely cost impost over at least the medium term. Recent Anns suggest we have plenty of +ve stuff already on the go - let's not jeopardise what we have, esp, since we have a substantial finger already in the Castle pie...Pt
 
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