Australia's largest stock trading and investment forum Australia's #1 stock forum

Ok , so anytime between now and the 31st we shall see news,...

First 5214 Last

Share
Profile

Follow
Froggy $

12,994 Posts.

274

11/10/23

16:11

Post #: 70291637
Share

Originally posted by mbc ↑

You misunderstand what that means. That says, subject to all conditions being satisfied the assets will be transferred to Anson’s ownership 5 days post Close Date.

The actual date of when that happens will be determined by all conditions being met and must be no later than 31st of October by the agreement entered into by both parties.

The conditions are giving them the ASN shares (appears done) and paying up some cash for various fees etc.

Both companies could actually agree to do it any time, though typically these things always close on the last day or very close to it.

ASN has a history of doing things like lodging quarterlies at the very last moment.

Perhaps we will be pleasantly surprised. In any case it’s just administration now anyway, the sale has to be closed, it’s a done deal.

Expand

Ok , so anytime between now and the 31st we shall see news, hopefully sooner than later...
2 Upvote

Reply

Top Stories

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 3,224 more messages in this thread...

First 5214 Last