Hopefully Skip filling up their pockets.
Think the owned 19.9% before the takeover announcement.
25% would give them the ability to block both the scheme of arrangement and the off market takeover bid.
5% increase in their ownership of GNX required to do so is only 65-70 million sares.
At an average price of 26.75 cents this would set them back only 17-18 million AUD.