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14:10
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Originally posted by JB1975:
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"I would speculate that WES is trying to put a lid on this and stop any other accumulation but that would be illegal, ......""4.7.2 Dealing in Kidman Shares in previous four months (#1) has provided or agreed to provide for consideration for any KidmanShares under any other transaction during theperiod of four months before the date of this Scheme Booklet" [30 July 2019]During the four months before thedate of this Scheme Booklet, none of Wesfarmers Lithium nor, to the best of itsknowledge, any of its Associates, has given or offered to give or agreed to give a benefit to another person (#3) where the benefit was likely to induce the other person or an Associateto
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It is my experience that large Aussie companies and their directors will play a straight bat here. There is a lot at stake, both corporately and personally. If WES is orchestrating a capping and soaking it is illegal here in my view. Of course it is possible that some people will push the boundaries and argue otherwise if cornered but in this environment with CEOs before Royal Commissions, a watchful media and corporate predators/rivals also watching for a slip up I believe they will be playing straight which leaves me to my conclusion that it is third parties still betting on a rival or increased bid. My speculation only and i wish all KDR holders the best here.@freddy228 hang in there!
