great find all. very interesting observations. As ezrida alluded...

great find all. very interesting observations.

As ezrida alluded to the alternative transaction clause is worded very interestingly and subjected to different interpretation. It depends on how the court determines what "economic effect of which is equivalent or substantially equivalent to the sale or transfer" mean in the context of the OZL acquisition. To me id say 60pct chance of the deed being triggered, largely because it is a very generic catchall clause. However what would i know? Im not a lawyer, just a software dev and part time ASX punter

With regards to CR i suspect even Greg doesnt know if they will be entitled to a payout, so they cant rely on payout to address immediate operational needs

Even without the payout ignoring the dilution, i think at 30m cap caspin still is a great speccy stock considering what we see at west mulgrave over OZL (9.5b cap) and the recent resource increase at CHN gonneville (2.8b cap). Either way things will get amusing, but id temper expectations on the contingent deed and treat it as a bonus if it does payout