GL1 global lithium resources limited

Key comments from Takeovers Panel:2025-ATP-2.pdfReasons for...

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    Key comments from Takeovers Panel:

    2025-ATP-2.pdf

    Reasons for Decision – Global Lithium Resources Limited [2025] ATP 2 (takeovers.gov.au)


    We do not accept the submission by GL1 that the unacceptable circumstances are
    ’continuing’ at least in so far as the allegations of association are concerned.

    However, the more we examined the material the less certain we became that the
    hurdle test for association cases had been met. We also considered whether the
    Alleged Associates’ activities were explicable as examples of shareholder activism
    that fell short of association. In our view, much appeared possibly explained as
    shareholder activism.



 
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