News: WSA Odey Asset Management Says To Cure Breach Of Section 623, page-6

The tone of the AFR article is suggesting it is from the WSA side of things. So both sides are using the AFR as a mouthpiece on the SID.

The article goes on to say that IGO doesn't believe that the SID is a Takeover as defined in Chapter 6.

Maybe so, by strict definition of C6, but it has the same outcome....the purchase of an asset (WSA). Surely a court would take the view of the outcome of the SID is more important (the final arbiter) of whether a TO is occurring or not. And not be caught up in the fluffy argument that a SID is occurring, and not a TO.

Seems pretty straightforward to me.

I'm a bush lawyer though.