OZL would only be allowed to increase their holding on market by 3% every 6 months I believe. Or they could offer a higher price to all remaining holders, with those who had previously accepted the earlier offer presumably missing out.
Don't forget about Greenstone and Glencore, who have 22-23% between them.
Think the BR royalty deal would still be in place
- Forums
- ASX - By Stock
- AVB
- Ann: Change in substantial holding from OZL
Ann: Change in substantial holding from OZL, page-8
-
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)