A40 0.00% 8.2¢ alita resources limited

LIQUIDATION & BALD HILL FOR SALE, page-913

  1. 2,899 Posts.
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    If Alinta gets relisted by Minres paying market value now accepted by the Court .....then the IEO is now not required.....
    .
    so......... justfriendou & Hclim 57 ( posts above).........
    look quite realistic.for what shareholders could be paid. ie. 80 cents give or take legal,admin fees. etc...

    My next question.....
    1. Will MInres buy Alinta as a wholly owned subsiduary & refloat on ASX with S/P say,80 cents to allow the market to trade according to its NPV..

    or 2 will Alinta be absobed into Minres...after all shareholders paid out at say 80 cents.

    personally, I'd prefer option 1.....but we'll have to wait how this plays out..

    GLTA cheers

 
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