AMM 0.00% 0.9¢ armada metals limited

Ann: Trading Halt, page-24

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  1. 1,255 Posts.
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    Goosmurf, the 90% is not required for compulsory acquisition if the takeover is done via a scheme of arrangement - as is the case with the Vocus and Amcom takeover.

    Vocus would have bought the 10% to prevent another bid using the 90% rule being successful.
 
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