AVB 0.00% 16.5¢ avanco resources limited

Ann: Letter to Shareholders, page-17

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  1. 293 Posts.
    lightbulb Created with Sketch. 34
    Life & business experience rarely has links.

    Only link is S661E which says SH can apply to Court to stop acquisition & they have to satisfy Court that price is unfair.
    Your link to Corp Act gets you there. just move on a few pages
    Nothing in there says Defendant pays any costs, so normal Court rule apply - Applicants pay the costs.
    Knowing they will end up in Federal Court defending their work, valuer will charge top dollar & be very thorough
    Sorry I don't know how long some time is but think I saw in Bidder statement that holdouts get paid 1 month after Compulsory Acquisition is finalised.
    I understand your fears about scaremongering, I'm just trying to bring some reality back into discussion.

    Rod
 
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