Spot on Charter... The TH reason specifying a control transaction implies a takeover bid or some other scheme of arrangement to take a controlling interest. The fact that the AFR reporting suggests this is a script based takeover concerns me as to where the entity will be listed. I would be interested in any opinions as to what the implications are for existing SH's if TAW does not stay listed on ASX. Does it have to be dual listed if SGX scrip is being used as the consideration for our shares?
TAW Price at posting:
45.5¢ Sentiment: Hold Disclosure: Held
