Certainly agree, can't see shareholder approval anywhere. However they have a gun pointed at their head either way. The agreement will invariably be binding and as they have proceeded down the path of the agreed independant experts reports, then its either sell it to NKP or sell it for the same value to someone else.
So either way you look at it, its gone!
If shareholders jump up and down about it and put a stop to it, I would suggest their share price will get slammed big time in anticipation of the ensuing legal action by NKP.
Does not stop you as a shareholder putting it to the 'man'if you believe you've been dudded. I hope for IGC holders that this is not the case.
Best of Luck
IMO only
DYOR
NKP Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held
