GBE 2.50% 3.9¢ globe metals & mining limited

Ann: Corporate Restructure and Dual Listing , page-11

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  1. 71 Posts.
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    Hi Guys
    Been a while since I last posted but wondering if anyone can shed some light on my (rather basic) question. From the announcement it seems to me that in the restructure Globe will move some of it's projects into a new entity, which we then have the right to "participate in the shareholding".

    Does that mean we will have the option to purchase into something that we technically already own with our current shareholding?

    I'm missing the point of how it improves our situation.

    Cheers, P
 
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