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Westfarmers know that in the near future Lithium will be ONE OF...

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druiner

2,444 Posts.

717

23/05/19

13:23

Post #: 38710177
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Originally posted by h00ts ↑

https://www.minterellison.com/articles/how-a-scheme-of-arrangement-works

For the scheme to be approved, a resolution in favour must be passed at the scheme meeting by each class of target shareholders by both:

75% of the votes cast on the resolution; and

more than 50% in number of the target shareholders voting on the resolution (in person or by proxy)

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Westfarmers know that in the near future Lithium will be ONE OF THE MOST SOUGHT AFTER MINERALS ON EARTH.!
Their offer is unacceptable. Your directors at KDR will walk away filthy rich as they got much of there allocation at no cost. Why would they care about you?
Westfarmers offer is ridiculous and unacceptable.

cheers to holders ( except directors)
KDR Price at posting: $1.90 Sentiment: Buy Disclosure: Held
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