MYL 0.00% 70.0¢ mallee resources limited

I am extremely concerned by the terms of the Hartree offer, page-153

  1. 494 Posts.
    lightbulb Created with Sketch. 94
    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%. what.png
 
watchlist Created with Sketch. Add MYL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.