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Ann: Global Iron Ore Conference Presentation , page-77

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  1. 334 Posts.
    Dtrad, Angor and Mudguts,
    Is the 90% correct in this case? I thought that Hanlong were going down the route of an SOA because that meant they could avoid the 90% compulsory aquistion rule and thus only needed 50%. I don't know that for a fact and can't find the information from when were first sent it. I seem to remember this being one of the things that angered me about the deal in the first place - that they were essentially sidelining the retail investors.
    Could someone enlighten me?
    Cheers
 
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