I'm not sure whether Suhr/Watson can make a bid for Crown now...

I'm not sure whether Suhr/Watson can make a bid for Crown now without shareholder approval.

The reason for my thinking is that the board is fully aware of shareholder disapproval of the sale, the fact the Suhr/Watson, may bid more for it is now immaterial.

Lynas have already issued a statement saying that the shareholders want them to concentrate on bringing mt weld and the lamp on line as their priority, hence to go back and sell crown, just because someone offered more may again bring corporate governance into question.

Although Lynas may not have needed to, they asked the shareholders and they I think they received an incredible amount of resistance...much more than they bargained for, hence to table a future sale without shareholder approval would i think be viewed as reckless disregard...not sure if the contravenes any laws...

just my thoughts...