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clock Created with Sketch. 10/12/23
10:20
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Originally posted by sabine:
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..“Around 16.9 per cent of shareholders have said they intend to vote against the deal, while 26 per cent have given it the thumbs up. “There’s still some work to do with those shareholders (against the deal or undecided), absolutely,” Mr Prentice said. “Our job is to be selling this, convincing people the merits of coming together.” Neither CEO would comment on whether they would be keen to sweeten the offer for Technology Metals’ shareholders to push the merger through.” There’s still some work to do with those shareholders (against the deal or undecided), absolutely,” Mr Prentice said. “Our job is to be selling this, convincing people the merits of coming together.”
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I believe it is now accepted by the AVL BoD that an increased offer will be required if they want this deal to pass. Whether that follows is the unknown but I if I were a betting man I suspect it will.
