Ann: Arbitration Notice, page-77

  1. 7,304 Posts.
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    Once the escrow period has expired, LLL have no control over the shares.
    As it stand whilst in escrow, LLL would have to approve a transfer of ownership (as an example: if sold under a scheme of arrangement, etc)

    The Company should put out an announcement tomorrow, give the required 28 days notice of an EGM, vote electronically, meeting via zoom, by the time of the meeting the escrow period will have expired so they can have a resolution for their return (the next day) don't worry about the ATO ruling bulldust, that is generally notified months after the event. I'll take my chances with a favourable ATO ruling versus the shares being held in limbo for "however long it takes" -- LLL will probably be delisted by the time any court case is heard.

    cheers

 
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