IPT impact minerals limited

Ann: Continuation of Suspension from Quotation, page-7

  1. 4,668 Posts.
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    If you recall, there was a chance that by making the big for HiPurA, Impact may have fallen in to the position of requiring a scheme of arrangement with the creditors. That's a massive mares nest of issues, regulations wise, and would require HiPura's creditors and shareholders to vote, and then go before a judge. Think, 4-6 weeks for notice periods, etc etc.

    Not an expert, but it's not as simple as writing a basic stock market fluff piece.
 
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