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if they have to get it independently valued and its higher...

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jaypol

4,045 Posts.

192

30/10/19

07:14

Post #: 41135428
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Originally posted by Grajem12: ↑

I am not saying your shares would be worthless, but my comment was before announcement today that NST have more than 90% of EAR shares. This means that if you don’t accept the offer or fail to sell in the market at 33 cents, then NST at some future time will compulsorily acquire your shares, for 33 cents. That’s securities law. Game over. If you want the money quickly, sell on market now would be best option I think. You decide!

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if they have to get it independently valued and its higher valued. do they have to buy at higher price?
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