News: LTR UPDATE 1-Australia's Hancock inches towards blocking stake in Liontown amid Albemarle bid, page-13

Thanks Dynofish. I understand the “likelihood” of a less than 25% holding being worth closer to 25% due to potential for shareholders to not cast a vote at all and thus proportionately that less than 25% holding is worth more. However I suspect the writer of the release and the editor of the next piece that appeared above both were not thinking that way. I say that because the words used are not “could block” or “may have ability to block” but rather a more definite “would be able to block”. That’s not the case as a definite situation.

To me it is lazy reporting a much like the continued “a take over has been launched” or “the BOD has recommended to shareholders to support the proposal” style reports, comments and narratives. None of which is the case in terms of how they are being “reported”.