ZEN zenith energy limited
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From the AFR Steet Talk this morning.Management can't vote on...

  1. Schmucky
    1,031 Posts.
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    13/07/20
    09:33
    Post #: 45816293
    From the AFR Steet Talk this morning.

    Management can't vote on the scheme and own a decent chunk of Zenith, which means in order for the proposal to get up, almost all other shareholders would have to turn out and vote in favour of Elemental's $1.01 bid.

    It is understood Elemental has had meetings with Euroz and Euroz has indicated it wanted a higher offer.
    ZEN Price at posting: 98.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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