Ann: Withdrawal of AGM resolution and standstill agreement, page-6

Imagine the publicity if a Chinese controlled entity acquired IMA by back-door takeover or COUP and the majority in numbers current shareholders (mainly Australian citizens, +90%) watching the preference pricing agreements like hawks. I think the change in Federal government has forced a huge rethink from the Chinese group, it wouldn't have been a good look at this particular time.




I too like the new timeline,

• Critical current management team manage the transition to Atlas, proven track record and ability to get this activity done.
• Current management have constructed a long term plan for renewal of resources and expansion
• The inexperience off proposed directors would have been an anchor during transition
• If OZC wants to buy the company, and control the asset, put a legeimate offer to all shareholders and get it passed by the FIRB. (35c would do it for me)
• I want my dividends from IMA to continue
• A good agreement.