Given half the directors are FROM Toho, I cant agree with this. Besides, it doesnt matter what the directors say, Toho as a shareholder will do what is best for them, which is NOT sell its stake for 19.5c. As they hold 25%, the scheme cant go ahead.
The only way I can think of that Nyrstar can gain control is if they were to make a new bid conditional on only 50.1% acceptance, therefore gaining control.
I dont know how likely this is, but you have a scenario were the two biggest clients of CBH are in a battle for the company... I'd be surprised if the battle ended here.
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Given half the directors are FROM Toho, I cant agree with this....
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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8.4¢ | 100000 | 1 |
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1 | 100000 | 0.055 |
1 | 9800 | 0.053 |
2 | 203170 | 0.041 |
3 | 255710 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.084 | 100000 | 1 |
0.089 | 11110 | 1 |
0.090 | 100000 | 1 |
0.094 | 85000 | 1 |
0.096 | 10553 | 1 |
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