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@ditch The definitions of "majority stake" I can find are...

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    @ditch

    The definitions of "majority stake" I can find are different. For instance, from Financial Times:

    Definition of majority stake or majority interest
    A shareholding of more than 50 per cent of a company's equity capital.

    http://lexicon.ft.com/Term?term=majority-stake-or-majority-interest

    What you're talking about can perhaps be best described as a controlling stake, but not a majority one.
    I do hope you're right but, if that is indeed the case, Management should clarify that to the ASX.

    Cheers
 
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