EGAN STREET RESOURCES LIMITED (ASX:EGA) - EGA Shareholder Action Group, 40104791, page-118 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Australia's largest stock trading and investment forum Australia's #1 stock forum

EGA

Click for more information

0.00%

52.0¢ egan street resources limited

First 118 Last

Share
Profile

Follow
Mozzy

740 Posts.

142

22/08/19

19:26

Post #: 40104791
Share

Originally posted by jogo: ↑

Hi rights,
The Bid document is not very clear on this. On page 63 of the Bidder's Statement under clause 11.18 it says:

Note the sentence about SLR being "satisfied .... that it is lawful ... to accept ... in the relevant jurisdiction."
NZ is usually regarded as OK to receive ASX shares in a takover and so I recommend that you seek further professional advice on this, should the takeover go ahead, and before you complete the acceptance form. I know of a NZ resident who was issued SLR shares from the DRM takeover and no restriction was applied.
Notwithstanding, I hope that you can join with us in opposing the takeover and as an EGA shareholder you have the right to vote.

Expand

EGA Price at posting: 30.0¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 103 more messages in this thread...

First 118 Last

Add EGA (ASX) to my watchlist