ESS essential metals limited

Ann: Termination of TLEA Scheme implementation agreement, page-37

  1. 2ic
    5,923 Posts.
    lightbulb Created with Sketch. 4978
    Many different opinions are now making themselves known on the market, lot of buyers wanting exposure to M&A upside as sellers wanting to take risk off the table. You say
    " nothing has changed since MIN got its 20% stake. TLEA are just as likely to make another offer today as they always have been, because a takeover offer was always their only choice after MIN got its 20%."... I disagree. That MIN or another would come in and take up 20% on market was an obvious possibility from the day the Scheme was signed up. It was a given from last week, so if TLEA were going to take "alternative action" with their EES BOD partners they probably wouldn't have left in such a hurry imo...(Tianqi seen leaving the Scheme TO headquarters last night lol)

    https://hotcopper.com.au/data/attachments/5216/5216606-4ce4d4b0c22695667da207684012e32b.jpg



 
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