TAW 0.00% 31.0¢ tawana resources nl

Ann: Change in substantial holding, page-12

  1. 2,237 Posts.
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    You keep rabbiting on about them taking over, but not giving any detail of specifics.

    Weier and Burwill together are going to be 15% of votes and 2/7 board seats. They're outnumbered by Tawana directors (3) and independent directors (3), as well as in straight-out numbers.

    How do they get from that to a takeover? That's not even a blocking stake for special resolutions between the two of them. They can't even stop anyone else taking over, let alone engineer a low-ball takeover themselves.
 
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