Refresher on Takeover blocking stakes and thresholds in light of the reduction in FFX’s holding from 19.99% to 17.61% courtesy of:
https://www.nortonrosefulbright.com/-/media/files/nrf/nrfweb/imported/takeovers-in-australia-2019.pdf
i.e. FFX’s reduced stake is still effective in preventing a compulsory acquisition of LLL - provided of course that the shambles at FFX doesn’t see it taken over first.
Ann: Change in substantial holding from FFX, page-2
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