HZN 0.00% 17.5¢ horizon oil limited

cwif may add to your list:q: if Ashurst stand by their...

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    cw

    if may add to your list:

    q: if Ashurst stand by their recommendations on the allocation of prl21 stake to beneficiary elevala under the terms of a settlement then why is it illegal for hzn to repurchase this stake if it was in their financial interests from the same arms length party?

    q: what was hzns legal obligation to interrogate the arms length entity on their intentions given they were the sanctioned acquirer and clearly holding the stake on behalf of the png govt.?

    q: what is actually wrong with a solicitor holding the share on behalf of the png govt.? This occurs in everyday corporate life in the form of trusts and other legal holding entities.

    q: what would the structure of that holding entity actually need to be for an arms length transaction?

    perhaps someone with knowledge of corporate law could elaborate?
 
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