75% does not automatically delist the public company as alleged....

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    75% does not automatically delist the public company as alleged.
    Gina needs 90-95% to compulsory acquire the remainder and delist it.

    75% provides a special resolution can be moved to go from public to private but with FMG & thousands of small holders there is no point being private.
    FMG really did itself a disservice in selling down from 15% to 11.37% for a 0.2c gain.
    The bidders statement does not mention going private sub 90%

    A real fight at 75% may ensue.
 
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