CLR carabella resources limited

re: protection for shareholders

  1. 27 Posts.
    there are protection for shareholders that hold out pass the offer closing date and their shares are compulsorily acquired.

    the whole takeover would be scrutinize by the authorities and govt.

    there seems to be some information missing from the Target Statement signed and approved by the previous board of directors.

    also why did the previous board of directors approve and signed the "Bid Implementation agreement" ? that agreement was detrimental to the financial interest of the then existing shareholders.

    also, the authorities (ASIC) should conduct and thorough investigation and ensure all pertinent and critical information have been disclosed to the market and all shareholders. information that existed before, during and after the takeover bid. without these information and details, shareholders can not make informed decisions.

    also were all pertinent, critical information / details about the company mines disclosed in the Target Statement which was signed and approved by the previous board of directors ?

    it is not done and finished till the "fat lady sings"....and the fat lady is no where in sight !
 
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