LTR 3.62% 71.5¢ liontown resources limited

ASX Today, page-33483

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    I read a matter recently where this occurred, but that was in the U.S.A. Board members and some shareholders got together with a scheme to block a deal or something like that, and entered into an agreement. Due to their agreement, when their scheming was found out, they were deemed to be ‘Associates’ and therefore reached the percentage for voting purposes where it needed to be a disclosure and they had not made that disclosure. It was deemed a breach and had serious consequences. The exact details I cannot recall. There are many minefields to wade through. I’m glad I’m just a simple holder with just 5 things to consider - “Yes”, “No,” “Buy,” “Sell”, and “Hold.”
 
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