KOR 0.00% 0.8¢ korab resources limited

Ann: Korab assets strategy review , page-16

  1. asf
    9,887 Posts.
    "Korab intends to work with minority investors in Melrose and Lugansk to determine the optimal outcome for all stakeholders"

    That is the salient sentence for me. Everyone's circumstances are different, but I no longer hold KOR, but was in at the ex-date for Melrose and Lugansk. That sentence doesn't say that one ought buy back in to KOR to get an advantage for the other 2 assets, so I am wondering what Andrej has in mind for those of us who held a right to them, before being folded back into KOR. The thing is, it would be a problem to have to buy back into KOR to get the other two, and I think it would be an issue under the ASX listing rules to have some incentive to buy KOR on the basis of getting the free things we once almost had.

    What now?
 
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