EXT 8.33% 1.1¢ excite technology services ltd

controlling stake, page-11

  1. 3,704 Posts.
    I think RIO want it to go through. That's why they bought 15% of KAH too.

    I think a company where one shareholder holds 39% is not to RIO's liking. I think RIO prefers a merged entity in which they can accumulate ownership more easily and become the majority holder is to their liking.

    I guess we'll find out soon enough.
 
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