AEV 0.00% 1.0¢ avenira limited

mak increases bon stake to 86.72%, page-2

  1. 2,229 Posts.
    Already in the process of happening saracen.

    "The Company also acknowledges the request by Minemakers (as a shareholder holding more than 5% of the votes that may be cast at a general meeting of Bonaparte) that the Bonaparte Directors call a general meeting of Bonaparte for the purpose of considering a resolution that the Company immediately submit an application to the Australian Securities Exchange Limited to seek approval to remove the Company from the Official List as soon as practicable."

    These things unfortunately take time. No doubt the resolution will get up with MAK holding over 85% currently.

    The listed entity BON is soon to become history - the remaining holders are clearly not interested in selling on market or accepting MAK's offer so why waste any more time on this?
 
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