How does ARL legally go about giving a benefit to third party ex unit holders.
ARL has acquired certain assets including the litegation and paid consideration in the form of shares to the fund which they have inspecie distributed to unitholders including those that bought on NSX.
So for these people they now have shares and units.
Now this group of shareholders (not class of shares as that is vital) are being told by their directors apparently as announcement is by WC that when the proceeds of an asset of the company are received we are going to descriminate again you as a shareholder and pass a benefit from a company asset to a third party.
Why would a shareholder not resist that ?
OCV
octaviar limited
