STX 8.82% 18.5¢ strike energy limited

Ann: Webinar Registration for Q4 FY24 Financial Results, page-159

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    Between A and B, B holds the voting rights if B had not sold them despite borrowing them. Once sold to C then A and B do not have voting rights. A however has the right to require B to return the shares and therefore will have voting rights for a takeover.
    B buys those voting rights from another seller.
 
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