Im not sure the pre emptive rights were breached. Jens and some other twitter folk highlighted that there was a US$34million offer by Zijin, and AVZ offer was US$30million plus 7% of AVZ shares. Or something like that. So Cami or Cominiere accepted the higher cash offer. Just because that is in our eyes the lower offer when considering the shares. We made our offer, Zijin offered more cash, Zijin offer was accepted.
The 15% from dathomir though, I believe AVZ will win this case. Dathomir and AVZ may just come to a new agreed fee in Arbitration. As the ann literally says "the SPAs are subject to Arbitration agreements"
AVZ Price at posting:
78.0¢ Sentiment: Sell Disclosure: Held