Hi ozblue.
In line with what you say....Simply....The way that I read it was that the ASX said that WFE could formally submit the deal, the ASX said they would look at it, but the ASX also said there was a significant likelihood the deal would not comply and therefor would not guarantee the proposed deal would comply with listing rules etc!
BUT they did not say it WILL NOT comply with listing rules.
Surely it’s not up-to the ASX to tell WFE HOW to make the deal comply? But rather give WFE in principle advise on WFE’s proposals as to whether the deal could or will or will not comply!
As you have stated it was WFE’s decision to not proceed when they could have! And as you stated WFE should have asked for advise before the deal was announced.
In my opinion WFE Could not make it comply and are simply and subliminally pushing the blame towards the ASX.
How long did it take WFE to get the Audited accounts from a DRC company?
Hi ozblue. In line with what you say....Simply....The way that I...
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