People seem to jump at shadows. As mentioned previously a scheme arrangement was next to impossible to succeed with Min having 19.5 %. Termination of a failed scheme is normal. I don’t think much has changed. Tianqi / IGO still wanted ESS as of 2 weeks ago when they were desperately calling holders that had already pre voted No to try to get them to vote yes. Tisnqi May or may not make a takeover bid. They would still be keen to pick up ESS for 50c, they may not be interested in a fight to 60c +. Now discussions with Min can now begin. Not much has changed IMO unless Tianqi say they won’t make a takeover bid, another scheme arrangement would be stupid
People seem to jump at shadows. As mentioned previously a scheme...
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