WGO 0.00% 35.5¢ warrego energy limited

618BPT cant remove the 75% condition as it is part of the...

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    618

    BPT cant remove the 75% condition as it is part of the Scheme, i.e. locked in. Unlike a takeover bid, where conditions can be removed.

    BPT can't now achieve its aims via a SOA as the 20% holding would not see it go thru (not all shareholders vote).

    Gina is free to maneuver where deemed necessary.

    Others can also enter the fray, but the 20% is locked away, and that will make it difficult for most.

    AL
 
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