ADT 1.52% $3.90 adriatic metals plc

Ann: US$244.5M Proposed Project Finance Package, page-44

  1. 15,042 Posts.
    lightbulb Created with Sketch. 1280
    I think they have engaged a third party so that SFR's holding can be sold in the market.
    This gets around the problems of:
    1. Retail SH's not getting an allocation
    2. SFR interest is being sold as a block and posing a T/O threat
    3. Small SH spitting the dummy a the vote.
    Neatly done Paul. (I'm glad I didn't spew vitriol).
 
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