My theory is that this condition is easily worked around. Probably another reason for the long runway from announcement to merger date. It allowed for his Goldman mates to accumulate shareholding but spread it across a large number of HINs. AIMO.
Whatever the case we are just little fish who can't swim against the current. It requires the majority of big whales to make a different for which management made sure their needs were met.
Ann: Allkem shareholders vote in favour of merger with Livent, page-99
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