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Ann: Retraction of Margaret Lake Diamonds Announcement, page-39

  1. 11,029 Posts.
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    Seems to me given how this has run up with Macquarie getting a 5% stake that it would not be worth a conventional full takeover.

    I think this has potential to be a strategic stake to try and oust the board and replace them, if applying pressure does not work then they have a large enough stake to do a 249D.
 
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