Originally posted by debono
Somethings still have to happen whilst others are happening perhaps?
What's the rush unless you are short term trading?
Mmm, well I would have assumed said ducks would have been lined up given the 1 year delay to acquisition.
It honestly seems to me like they rushed to get it signed prior to 31 Dec to ensure they received their performance rights without actually getting their ducks in a row.
@sciaticstate the first Tranche has already been issued as per the 3b (210,000,000) with remainder waiting for new shareholder approval, so you are correct that is the reason for the first two points.
What I am saying is that the company has stated that this will not delay completion and have issued the performance shares as if the acquisition has completed, so given this the GM should not be holding up further progress... or that is my interpretation based on what they have previously announced.
