AGO 0.00% 4.5¢ atlas iron limited

Ann: Change in substantial holding, page-26

  1. 128 Posts.
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    Another postulation or possible scenario, not sure if it is possible.

    If major holders in a company have a total of more than 75% can they decide to delist the company?

    We know Twiggy as 20%; Gina is now at 26%, if between them they get to 75% can they delist, pay out the minority shareholders and carve up Atlas assets as they find fit? That could from a Redstone FMG be the most strategic way of getting the assets.
 
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Currently unlisted public company.

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