The board will need to approve this. It's not just Mike's call.
We also have no evidence that both partners want to buy the other half. Only that they want a transaction to occur.
On arbitration - the only reason it can be challenged in court:
I don't see any of those reasons applying, although I'm no lawyer.
link: https://www.justice.gc.ca/eng/rp-pr/csj-sjc/dprs-sprd/res/drrg-mrrc/06.html#I
The board will need to approve this. It's not just Mike's...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $12.53M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.5¢ | 14.0¢ | $14.43K | 101.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 22499 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 61957 | 1 |
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| Last trade - 14.18pm 28/06/2024 (20 minute delay) ? |
| BCC (ASX) Chart |