GLL 0.00% 2.6¢ galilee energy limited

bathurst takeover rejected by galilee-afr, page-8

  1. 509 Posts.
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    Have a look at who will benefit from going ahead with the IPO. Director taking exec chair position and opportunistically 'offering' to take up 19.9% of the shares. If the IPO doesn't go ahead (ie they sell at a premium to BTU) - he doesn't get the position or the opportunity to take up the shares. Is this a conflict of interest?
    Disclosure - I hold BTU.
 
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