Ann: Trading Halt, page-72

@carmat can't offer lower than $2.93 by takeover rules
Might be a 50% SQM 50% Cressy ..
SQM are 49% chinese owned and be stopped from owning anything outright in Australia by FIRB

SQM are renowned for low ball payers so they might start between 3.00 and 3.49
30% on 5 day average share price ($2.63) . is $3.49

This might bring out Companies that can pay $1.8 billion outright or provide a Script deal
PLS
RIO

or Min RES might come up with a Script deal

TR and MC might want to ride to production which would stop takeover talk abruptly