"they have had total control of the Co for the last 3 years"...

  1. 4,967 Posts.
    lightbulb Created with Sketch. 52
    "they have had total control of the Co for the last 3 years"

    They had 48% voting rights......the remaining 52% of SH could of out voted them

    "A placement of 15% at a time would have pretty much guaranteed a T/O."

    NMDC would have required FIRB approval Z.....
    with this R if they go over 50%I its like a creeping up of ownership without paying any premium...lol
 
watchlist Created with Sketch. Add LCY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.