Trouble is GRAM mightn't be so generous this time around especially if they get control of the Board at the AGM/EGM - they might already have the proxies from those PNG govt dept shareholders.
So they might have a new set of tactics for HIG minority shareholders. Control, sell-off and strip are words that come to mind.
And I believe that HIG is a PNG registered company so no protection from Australian regulators.
Trouble is GRAM mightn't be so generous this time around...
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