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0.00% 2.1¢ energy transition minerals ltd

court hearing, page-78

  1. jefferies2
    8,510 Posts.
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    02/07/21
    21:05
    Post #: 54251102
    If you are referring to Shenghe there is every reason why they couldn't own 39%. The reason is the 20% maximum share holding rule.

    Shenghe, or any other foreign company, could make a takeover offer for GGG, but they would have to get their takeover bid through the Australian Foreign Investment Review Board, who have grown some teeth in recent years.
    GGG Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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