CAP 6.00% 9.4¢ carpentaria resources ltd

takeover price competition- whats your guess?, page-30

  1. 23,992 Posts.
    lightbulb Created with Sketch. 2
    stja, that's right to a certaqin point, but IF they have sufficient numbers, they can force a compulsory take over.

    We can only hope that the company issuing all those staff options was part of a numbers game to keep the 50% control they need to still officially run the company.
    If the take over group go over 50%, they can effectively take over the board and therefore running of the company.

    Every share may come into play down the track, though I believe (hope) it won't be hostile...

    I'm not game to put a guess out there...
    First of all, I want to know if it's just for one project, or for the company!


 
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