ASX waiver to protect the interests of staff entitlements during change of control.
Simple, ordinary stuff. But why?
Merger or takeover?
I can see reasons for both potential eventualities, especially after Greg Vesey's comments in the last update - eg comments pertaining to LNG having conducted review of company capital requirements and sources of future capital.
Some here have speculated that a capital raising was imminent after reading these comments.
Perhaps this has something to do with a merger with US interests? LNG intends to redomicile eventually and this could be the beginning of that process...
Whatever it is, it certainly is very interesting!!
Let us not forget takeover rumours in 2016 sent this to $1.20
LNG Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
