re: Ann: Market Update in relation to Paperli... austted
It's a "done deal" from the ordinary shareholders perspective. Orbis, MBA, Laurence Rodney & Raymond Gonzalez hold 36.88%.
Throw in Andrew Price and his associates/friends and 50% starts looking achievable.
As at August 19, 2013, there were 38,590 of 41,719 shareholders (92.5%) with less than a marketable parcel, so retail shareholder apathy will ensure the PPX vote.
Not so on the PXUPA register.
What happened to the theory about letting the hybrids hang out to dry. Another myth, just like inadequate conversion ratios bandied about.
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