NKP
Click for more information
0.00% 9.9¢ nkwe platinum limited

Ann: Proposal By Zijin To Acquire 100% of the Company, page-9

  1. burntgamber
    1,627 Posts.
    lightbulb Created with Sketch. 26
    clock Created with Sketch.
    19/03/18
    12:45
    Post #: 31855165
    Zijin is barred from voting as they are the acquirer. Conflict of interest.

    They need 75% of the remaining shares. Zijin already have 540m of 900m shares.

    Group X called the EGM back in 2016 with about 200m shares which is 22% of the registry. This is 58.8% of the remaining registry.
    NKP Price at posting: 3.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 12  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

EBR EBR reaches review milestone for wireless cardiac pacing device
right-arrow Created with Sketch.
HYT Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep
right-arrow Created with Sketch.
NEWS Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip
right-arrow Created with Sketch.
NEWS Results wrap: Wesfarmers, Southern Cross Media, Qantas
right-arrow Created with Sketch.
EMR Emerald expands underground resource by 105Koz at Cambodian gold mine Okvau
right-arrow Created with Sketch.
HVN Consumers cautious according to Harvey Norman, as profit slumps 35% in FY24
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NKP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.