Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-114

'I don't need an Independent Experts report to tell me this is both a Dud Deal and an attempt to gain control of the company and its assets' @Killa68

'All it will determine is if it is or isn't fair and reasonable. It can be unfair but still reasonable as the definition allows them plenty of wriggle room' @Killa68



"... the Company notes that capital raisings can often increase the shareholding of major shareholders at the expense of minority shareholders, particularly when conducted at a time when the Company’s share price is lower." [Havilah ASX Media Release dated 21 January 2019]

"In spite of the Requisitioning Shareholders' assertions otherwise, it is hard to avoid the conclusion that their unstated objective is to effect a change of control of the Board and so obtain control of Havilah without making a takeover offer and without paying shareholders a fair price or a premium for control." [Havilah Chairman's Letter Relating to the EGM dated 14 January 2019]

Hypocrisy, deception or betrayal?

Cheers

These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.