TO of CUE imminent OGOG moves to acquire 100% of NZOG, page-17

When a company has a controlling interest in another company ie 50% they are not obliged to pay out minority holders at a fair price. For example, the controlling company can spill the board and appoint its own directors. Then they can launch a non-renounceable CR at a high price so the minority holders are squeezed out. At 70 % control, they can compulsorily acquire the remaining shares at a minimal price. There have been cases where minority shareholders have refused to accept 2 0r 3 cps and lost their money in protest at these perfectly legal tactics under ASX rules. We are at the mercy of OG but by dealing fairly with NZOG it seems very likely that they will deal fairly with us by offering a similar premium of 25%. While some CUE holders may be dissatisfied with that it would be a mistake to go against it.