Manjapra you done good work and you may not be wrong.
Maybe we should top up
Tha top twenty account for 45 percent, as of Annual Report.
It would be more now.
IF Jinchaun was not the bidder there would be good chance of a resolution being passed.
Clause 36.7 Failure to propose resolution "If, as at the end of the day before the Resolution Deadline for a proportional takeover bid, no Approving Resolution has been voted on in accordance with this Article, an Approving Resolution is taken to have been passed in accordance with this Article."
Correct me if I'm wrong, does 36.7 mean if a Approving resolution is not voted on, the proportional takeover bid is accepted as a full takeover.
FXR Price at posting:
26.8¢ Sentiment: Hold Disclosure: Held