HAV 4.44% 23.5¢ havilah resources limited

Ann: Havilah Secures Funding of up to $100M from GFG Alliance, page-99

  1. 3,432 Posts.
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    "Remember, the most commonly used takeover structures are: an off-market takeover bid (for either a company or trust), a scheme of arrangement (for a company) and a trust scheme (for a trust).

    Less commonly used takeover structures include: a shareholder-approved transaction"

    Killa68,

    The other matter to consider: if this was structured as an off-market takeover bid, the Bidder would need to prepare an offer document called a Bidder’s Statement, which includes offer terms, funding sources, intentions for target and all other information known to bidder which is material to target shareholders. [https://www.allens.com.au/pubs/pdf/ma/takeovers-handbook.pdf page 28]

    In my opinion, SIMEC Mining intentions for Havilah and all other information known to SIMEC Mining which is material to Havilah shareholders is critical for HAV shareholders to make an informed decision.

    Structured as a shareholder-approved transaction, will HAV shareholders be provided with:

    (a) SIMEC Mining intentions for Havilah; and/or
    (b) all other information known to SIMEC Mining which is material to Havilah shareholders?

    Cheers

    These are only my random thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
 
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Last
23.5¢
Change
0.010(4.44%)
Mkt cap ! $74.41M
Open High Low Value Volume
22.5¢ 24.0¢ 22.5¢ $92.88K 408.5K

Buyers (Bids)

No. Vol. Price($)
2 21997 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 25477 2
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