CLR carabella resources limited
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re: Ann: Takeover bid by Wealth Mining Pty Lt... It's officially...

  1. Denial
    10,383 Posts.
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    03/01/14
    15:28
    Post #: 12764571
    re: Ann: Takeover bid by Wealth Mining Pty Lt... It's officially a board roll over!!!

    "Why is there no independent expert's report in the Target's Statement?

    An independent expert's report is only required to be included in a target's statement where the bidder's voting power in the target is 30% or more or if a director of the target company is a bidder or a director of the bidder company."

    The worst thing that could now happen IMO is WM not getting to required 90%
    CLR Price at posting: 43.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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