Killa and Clark, agree with you both.
Independent review I was talking about was not one of those independent reviews but a truly independent opinion, I am not an expert and dont fully understand how this all gets past ASIC, if it does !
Yes, without doubt a takeover,
if it looks like a duck, walks like a duck, quacks like a duck, its probably a duck !!!
They are trying to push this through before the next AGM when they will be out the door as the remuneration will get a second strike if we get that far.
The only good part of the announcement was the headline.
Values the whole Co. at or about 100 mill, sp when theres 520+ M shares on issue will likely be 19-20c as thats the price set for SIMEC to pay.
The funding after the first 50M is a joke as SIMEC will have control and we, even Chris wont have a say at all about what HAV does.
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