Those holding at an average cost above 50c are likely to vote no, IMO. Do we know the numbers? I don't think that there are that many judging from the trade history.
Hopefully, a competing bidder appears.
https://thewest.com.au/business/mining/wesfarmers-looking-far-and-wide-for-new-battery-minerals-investments-c-8039584
Those holding at an average cost above 50c are likely to vote...
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