GBG
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0.00% 2.9¢ gindalbie metals ltd

If Ansteel attempt a takeover they can compulsorily acquire your...

  1. Gindaldan
    5,254 Posts.
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    09/04/13
    14:19
    Post #: 11621566
    If Ansteel attempt a takeover they can compulsorily acquire your shares once they reach 90% acceptance.

    Could own a 9% stake, they could still take it.

    Look if it gets the shareprice back up I am all for it. The government still collects their income tax and royalty revenue regardless of who ultimately owns Karara.
    GBG Price at posting: 19.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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