TAW 0.00% 31.0¢ tawana resources nl

Ann: Tawana & Alliance to Merge and Capital Raising & SIA, page-167

  1. 9,046 Posts.
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    I find the 'control' aspect of this quite interesting. AMAL holders will own 51% of the new company so they technically have control. But TAW have the board majority and have (up to now) worked in the interest of shareholders so from that level they control the company. I can see how they say it is a relatively equitable merge.
 
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