So we're waiting on two conditions for the transfer of all shares,
1) court granting 444GA
2) FIRB approval
If GXY already transferred some of their shares for some value then one could argue against granting of the 444GA.
"The Court may only grant leave under s444GA of the Act if it is satisfied that the Compulsory Transfer would not unfairly prejudice the interests of the Shareholders."
ref: https://hotcopper.com.au/threads/ann-execution-of-deed-of-company-arrangement.5143642/page-32?post_id=42080531
News: A40 Galaxy Resources Says Alita Legal Proceedings Settled, page-12
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