EKA eureka energy limited

aut offer, page-6

  1. 1,655 Posts.
    I think that AUT would be up the proverbial gum tree. They would be able to account for the appropriate proportion of the profits and they could add through market purchases using the "creep" mechanism (3% every 6 months). But EKA could not pass any special resolutions without AUT support and could well have a problem with ordinary resolutions also. So, not particularly satisfactory for either company.
 
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Currently unlisted public company.

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