SBL 0.00% 0.1¢ signature metals limited

opinions please, page-19

  1. 929 Posts.
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    Hi Eck,

    If you still have it then p41 of the original Bidder Statement outlines what you might be looking for.

    If they get < 50% they still intend to get as many board spots as possible and will then endeavour to implement their intentions as stated in Section 7.8 of the Bidder Statement.

    So in a round about way they could have control (but not ownership) assuming the offer becomes unconditional or certain conditions get waived.

    At the moment there's only 3 on the board anyway, and two of them are Infiniti based.
 
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