Question. Let's say Gina buys 19% and she can convince say Chris Ellison to buy 19% and who knows maybe even someone else to buy 19%.
SQM can't buy until FIRB approval.
The other parties would likely refuse to sell to SQM and can therefore SQM can only buy 40% of AZS max ( they already own 20%). AZS only has 60% of Andover so SQM can only acquire approximately 25 % of Andover if I'm correct.
Would they be happy with that or walk away?
Would that necessarily bother us small fry shareholders?
Still struggling to get my head around all this.
- Forums
- ASX - By Stock
- Ann: Binding Transaction Implementation Deed with SQM
Question. Let's say Gina buys 19% and she can convince say Chris...
-
- There are more pages in this discussion • 70 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online