Question. Let's say Gina buys 19% and she can convince say Chris Ellison to buy 19% and who knows maybe even someone else to buy 19%.
SQM can't buy until FIRB approval.
The other parties would likely refuse to sell to SQM and can therefore SQM can only buy 40% of AZS max ( they already own 20%). AZS only has 60% of Andover so SQM can only acquire approximately 25 % of Andover if I'm correct.
Would they be happy with that or walk away?
Would that necessarily bother us small fry shareholders?
Still struggling to get my head around all this.
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- Ann: Binding Transaction Implementation Deed with SQM
Ann: Binding Transaction Implementation Deed with SQM, page-483
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