A break fee of US$20 million is payable by PMPL to Huayou if the Transaction does not complete due to any of the following:
a competing transaction completing within 12 months, following the competing transaction being recommended by Prospect directors; any director of Prospect changing, withdrawing or adversely qualifying their recommendation of the Transaction where there is no competing proposal and
Prospect shareholders do not approve the Transaction; PMPL failing to carry out its obligations to complete after all conditions precedent have been satisfied or waived (other than as a result of default by Huayou); Prospect or PMPL being or becoming insolvent
A vote of YES is a must, otherwise PSC will have to pay break fee of US$29m
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Last
10.5¢ |
Change
0.006(6.06%) |
Mkt cap ! $56.49M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.0¢ | 10.5¢ | $24.11K | 226.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 162290 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 90586 | 1 |
View Market Depth
| Last trade - 10.07am 11/11/2024 (20 minute delay) ? |
| PSC (ASX) Chart |