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Ann: Trading Halt, page-30

  1. dt7
    2,856 Posts.
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    my view is that this is the strategic partner. One of the scenarios bouncing around is how to separate the assets into 2 companies.....you have to leave TRR with some cash for ongoing exploration. That means CR before separation. Also, if you are the strategic partner taking a stake before demerger, you get a free kick with TRR entitlement and can offload the holding.
 
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