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

MYL

Click for more information

0.00%

70.0¢ mallee resources limited

I am extremely concerned by the terms of the Hartree offer, page-154

First 154 Last

Share
Profile

Follow
Arranging

4,435 Posts.

40

12/07/23

07:40

Post #: 68739786
Share

Originally posted by Gratton44: ↑

An update in the Advocate today mentions that the its only the non-Hartree shareholders voting. So when you say 50% of elgigble votes are required to vote yes to get it over the line, it is 50% of ALL shareholders voting yes, or at least 50% of the non-Hartree SH's (in effect around 32% of the entire SH registry?)

If it is only 50% in total, only ~18% of the shares currently on issue will push this to a "yes" overall since Hartree already owns 32%.

Expand

Hartree can’t vote, they are out of the picture this time.

(sorry may have misread your question)

Last edited by Arranging: 12/07/23

MYL Price at posting: 70.0¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 192 more messages in this thread...

First 154 Last

Add MYL (ASX) to my watchlist