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clock Created with Sketch. 09/06/18
11:58
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Originally posted by Kalenn
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Now none of the below may happen but as each day goes by and people see who rolls in they will be able to work it out.The dilema for those staying on is that if OZL get over 75% they will delist AVB. I expect to see Glencore and Greenstone declare next week and the opportunity funds will appear on AVB register by mid-week (unless offer extended perhaps).
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What is this about delisting....according to ASX Guideline 33, as long as there are over 150 shareholders each with holdings of at least $500, they CANNOT delist within 12 months of the takeover without a shareholder vote (with their shares excluded from the vote).
