VIC, with all due respect, that's NONSENSE!
> CQT shareholders elected JK Executive Chairman OVERWHELMINGLY at a May 2010 EGM (despite ASX Corporate Governance guidelines frowning on ECs, full stop), and given his history, the NQM takeover PLUS taking out HSK's Pajingo interest should have surprised NO ONE.
> NQM shareholders got to vote by selling their shares into CQT's Offer or NOT, and CQT got past the 90% Compulsory Acquisition, which is NOT automatic without small shareholders. Doubt it? Just asks Cleveland Cliffs who got to 85%, not 90% on their first run at Portman. They had to mop up 3 years later at 6-7 times the original Offer price!
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