If Alinta gets relisted by Minres paying market value now accepted by the Court .....then the IEO is now not required..... . so......... justfriendou & Hclim 57 ( posts above)......... look quite realistic.for what shareholders could be paid. ie. 80 cents give or take legal,admin fees. etc...
My next question..... 1. Will MInres buy Alinta as a wholly owned subsiduary & refloat on ASX with S/P say,80 cents to allow the market to trade according to its NPV..
or 2 will Alinta be absobed into Minres...after all shareholders paid out at say 80 cents.
personally, I'd prefer option 1.....but we'll have to wait how this plays out..
GLTA cheers
A40 Price at posting:
8.2¢ Sentiment: Buy Disclosure: Held