REE Market Competiton Changes, page-6

Food for thought….
I have researched the forced buy out scenario once before and we are wellprotected by the ASX thankfully.
Shenghe would need to acquire 90% via an agreed price.
Then they could do aforced take over.
But still only of the last 2.5% and that’s after they stillget 7.5% of that final 10% agreeing to a price.

Compulsory acquisitionA bidder under a takeover bid11 maycompulsorily acquire any remaining securities in the bid class if during, or atthe end of, the offer period, the bidder and their associates have: relevant interests in at least 90% (by number) of the securities in the bid class and acquired at least 75% (by number) of the securities that the bidder offered to acquire under the bid.