1MC 20.0% 0.3¢ morella corporation limited

Ann: PLS: Conditional Agreement to Acq. Altura Lithium Operations, page-55

  1. 233 Posts.
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    So what will happen with the recap funds ajm has proposed to the administrators now that the loan amount for the creditors has been met any additional bids the extra will go to ajm right?
    So couldn't ajm run up the bid essentially biding for its self? Although would have to pay the 2% break fee of $4.8mill

    Gltah cheers
 
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