Yesterday's Announcement Extract:
"Nkwe’s Independent Directors unanimously recommend shareholders vote in favour of the Amalgamation in the absence of a superior proposal and subject to the Fairness Opinion concluding and continuing to conclude that the Amalgamation Consideration constitutes fair value (being within any fair value range as assessed by the Independent Expert) for each Nkwe share "
Superior Proposal
I couple of weeks ago I emailed two South African based companies advising that a group of NKP Minority Shareholders who held approximately 30% of the company were willing to sell their shares at any price above Zijin's takeover offer. Any positive response would be forward to the representative's lawyer.
One CEO advised that he will be discussing the "Minority's offer" with his executives upon return from vacation. I expect an answer next week.
The second company's director advised that he will advise me if he comes across any interested party.
Due to confidentiality reasons I cannot disclose on this forum the names of the above companies nor their executives.
Let's hope that other shareholders are able to seek potential buyers. Time for action on as many fronts as possible.
- Forums
- ASX - By Stock
- NKP
- Superior Proposal
Superior Proposal
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NKP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online