HAV 2.38% 21.5¢ havilah resources limited

havilah to acquire glencore's_int_in_kalkaroo, page-4

  1. 745 Posts.
    what is with the so called dispute with the SP - HAV trying to 'buy' out the intrest of glencore at what price $2.147!!! based on the share price when the original deal was signed????

    What Co would accept that?? Unless it was stipulated in the original argreement, then a company should never agree to such terms - rather .6894 per share sounds much more likely and therefore diluted the existing shares by more than 10%.

    I dont see Glencore agreeing to anything less. However, of course ,I am just an observer and am not a lawyer or privy to the original agreement terms.

    just got the free oppies left now..
 
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