Dilute shareholders and secure votes needed for deal with no cost to Teranga as the money goes back to Teranga after merger.
Then we have got the company building a substantial holding with back room data advantage over shareholders.
Then no clause for a minimum amount to GRY shareholders for the merger, just based on current share price.
Then there is the no shop clause in the deal, how is that getting the best for the company?
Have there been other approaches that have been pushed away?
Has continuous disclosure been maintained?
ASIC were are you?
Just asking a few questions
71c4
GRY Price at posting:
18.5¢ Sentiment: Hold Disclosure: Held