Yeah but you can't control the company at 30%. Shandong with 50% (which will probably move up quickly now) has effective control of the company moving forward.
Just strange that this bid came so late. Looks like it came as a surprise to everyone involved also. What a difference a few days might have made as I knew a lot of acceptance forms would have been emailed yesterday arvo and evening once Nord offer ceased to exist.
Ann: Shandong Gold acquiring control and confirmation of increase, page-9
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