I'm correcting you here because of the misinformation, and it's important that anyone choosing to hold isn't misled by your post. So, after a 5-minute look at the contract. SQM can only continue with their takeover once they have been made aware the scheme will fail by the set conditions. Then, they can put forward their 3.50 offer to the market during the late December or early January period once they have achieved FIRB approval and any other conditions are met.
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- Ann: Binding Transaction Implementation Deed with SQM
Ann: Binding Transaction Implementation Deed with SQM, page-358
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