Based on Adesso's approximation, as below
:
SQM - 20%
Gina - 18%
CE - 12%
Creasy - 13%
Germans - 11%
TR and friends - ?%
Roughly 75-80% in the hands of these five.
Any bidder can still get more than 50% of AZS if the bidder bought 40% of MCreasy's shareholding and the remaining 20% of 60%.
20% of 60% = 12% + 40% of MCreasy = 52% ownership
Note: MCreasy can still keep his 13% of 60% ownership.
So any company is not too late for a possible 50% or more ownership....Is my understanding correct?
We can still be expecting a knock out bid price
dyor
