AZS 0.00% $3.69 azure minerals limited

Well we will know what the outcome is with Albemarle - LTR this...

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    Well we will know what the outcome is with Albemarle - LTR this week or next.
    Beyond that we can have a clearer idea who AZS's suitors will then be.

    https://hotcopper.com.au/data/attachments/5641/5641104-580af89da8cf1c88c72155ba32ea9f96.jpg

    “Hancock is now Liontown’s largest shareholder. Hancock welcomes the opportunity to participate in the Kathleen Valley project as a shareholder, and have an influence on the company’s overall future direction – including where decisions are to be made by shareholders,” Hancock said in a statement.

    Shareholders will likely get a chance to vote on Albemarle’s offer, with a scheme of arrangement expected to require support from 75 per cent of votes cast.

    Some shareholders choose not to vote in such situations, meaning that a stake of 16.7 per cent would be very close to a blocking stake in its own right, and could block the deal with minimal support from other shareholders.


 
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Currently unlisted public company.

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