AZS 0.00% $3.69 azure minerals limited

Ann: Trading Halt, page-379

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 12,896 Posts.
    lightbulb Created with Sketch. 15742
    .....Maybe the ' Control ' aspect lies in the 40% via a transfer to IGO where Creasy holds over 10% stake and IGO's lithium division is via its 49% interest in Tianqi Lithium Australia . So there's your Chinese element as Tianqi Australia is the vehicle for Lithium holdings for Tianqi made outside of China.

    Something like that anyway. So effectively if Creasy has 10% of IGO and 13 or whatever percentage of AZS and sells the 40% stake to IGO ,then effectively his holding in AZS increases indirectly and so does his effective ' Control '

    It is curious though that the original trading halt didn't mention the reasons as being a revised bid or offer ......but just a ' Control ' matter.
 
watchlist Created with Sketch. Add AZS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.