"Since the announcement of the proposed transaction, Lynas has received some questions from shareholders. Lynas has applied the highest standards of corporate governance throughout the proposed transaction, and consistent with that approach, Lynas has decided to issue an updated explanatory memorandum to address a number of questions that have been raised."
Even more deception on the way. For effect this time will have cover page adorned by the most attaractive model the LYC PR machine is going to find.
There are no questions to be answered. We know the answers already. The only instruction shareholders are issuing is to stop this drama and get on with the business of running the company to the benefit of shareholders not one or two shareholders.
Seriously, looks like the larger shareholders holding multiple percentage of shares are asking hard questions too. Otherwise this statement would not have emerged.
Ofcourse it is also to try and coverup for the FRG fauxpas in not being able to put together a EGM explanatory memo.
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