Looks like Kalahari will get Coronet's 16000000 shares
http://www.proactiveinvestors.com.au/companies/news/4938/kalahari-minerals-planned-coronet-acquisition-to-complete-in-march-as-deal-gets-9761-acceptances-4938.html
Niger is second largest holder of Kalahari (+15%), just behind Rio (~15.8). If NWT succeed in overthrowing current board, & if that board was friendly to Rio, that would give over 30% control to Rio. Next biggest holder has some 12% - will the battle move there next?
coronet acceptances = 97.5%
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Last
1.1¢ |
Change
0.002(16.7%) |
Mkt cap ! $14.74M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $36.53K | 3.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4992000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 10734000 | 6 |
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| Last trade - 12.28pm 02/09/2024 (20 minute delay) ? |
| EXT (ASX) Chart |