AZS
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0.00% $3.69 azure minerals limited

It seems that the draft transaction booklet is incomplete. The...

  1. AlphaDelta
    48 Posts.
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    17/02/24
    00:43
    Post #: 72455320
    It seems that the draft transaction booklet is incomplete. The JV bidders have asked for and been granted a 21 day extension so as not to breach the legal requirement in s631 to make takeover offers to shareholders within 2 months of announcing the proposal.

    Potentially the lawyers had a week or two off over Christmas / New Year causing a slight delay?

    My CGT discount lands mid April so I am a fan of delayed timing.
    AZS Price at posting: $3.61 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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