is it normal to have the last paragraph from the nkp board saying "Shareholders in the Company are advised that there is no certainty that the Proposal will be implemented as outlined or at all."
also will this part "receipt of a “Fairness Opinion” from an independent financial advisor / expert which concludes that the Offer Price is considered fair market value for all NKP shareholders;" be like the opinion saying the 12c valuation (from memory) when genorah had it valued prior to zijin buyout? or will we get a new one?
essentially they need 75% of the remaining shares, surely the minorities represent more and will hold out and not sell out cheap?
does anyone know what happens to the remaining 25% who dont agree if the majorioty agree? do they get nothing or do they get what is majority agreed upon?
- Forums
- ASX - By Stock
- NKP
- Ann: Proposal By Zijin To Acquire 100% of the Company
Ann: Proposal By Zijin To Acquire 100% of the Company, page-8
Featured News
Add NKP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online