FIRB decision by 30 April 2024
Last trading of Azure Shares on ASX: Thursday, 2 May 2024 (if all goes to plan)
Only about a week to go
The risk is that FIRB decision could be delayed again, and that will potentially spook investors causing another little sell off
The bigger risk (which i think is unlikely) is that FIRB does not approve the transaction - in which case AZS will see an LTR style crash.
A recent example with SQM was in Chile (codelco deal)
"A Chilean antitrust court eventually approved the transaction but set conditions that limited Tianqi's access to SQM business secrets"
Place your bets.
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- Rejection of Vote against Take over offer
Rejection of Vote against Take over offer, page-17
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