LMR 0.00% 5.7¢ lemur resources limited

Quarterly report, page-18

  1. 34,916 Posts.
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    Why shoiuld they waste their effort to control 100% of the company??? They already controlled the LMR & the cash !

    So why negotiate to accumulate any more shares at all? Only way they're going to get full control over the asset and the cash is to attempt a takeover. I can't see any other reason for them to increase their stake.
 
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Currently unlisted public company.

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