It will come down to whether the no 4 shareholder objects or not as they have enough shares to decide it themselves.
I still believe there is a case in that the 1st IER gave a control value of 1.66-1.92 using their valuation method and because another valuation uses a different method they come up with a lower figure based on similiar figures. Who is more right?
Coupled with the way the company has treated us minority shareholders from day one and the history G Galt has with previous takeovers, court action -see Flinders we may get a sympathetic judge who deems the 1st valuation as the fairer one and award us between 1.66-1.92.
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- Ann: Compulsory Acquistion Notice and IER
Ann: Compulsory Acquistion Notice and IER, page-74
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