VAN 0.00% 4.7¢ vango mining limited

Read 'em and weep, ace. ROFR already triggered, per Judge...

  1. 1,220 Posts.
    lightbulb Created with Sketch. 344
    Read 'em and weep, ace. ROFR already triggered, per Judge Martin.

    Here is his ruling, with a link to the WASC Court website so you can verify it for yourself. BTW, heck of a lot more rigorous documentation than you're providing to this thread, with your unsubstantiated claims that "two Chinese billionaires" are backing Vangom LOL.

    https://ecourts.justice.wa.gov.au/eCourtsPortal/Decisions/ViewDecision?returnUrl=%2feCourtsPortal%2fDecisions%2fSearch%3fsearchText%3dVango%26jurisdiction%3dSC%26advanced%3dFalse&id=f22a3712-44be-4091-90b1-d9a2a94c46ad

    Paragraph 240: Consequently, at May 2017, an ROFR offer ought to have been made in parallel terms by both Vango and DPPL to Billabong Gold(DPPL in this May 2017 transaction is named as a party) to BillabongGold.

    Paragraph 241: Towards this May 2017 occasion, I assess there to be a joint breach by both defendants by their omission as regards OTA cl 12.6(b)vis-à-vis Billabong Gold (albeit the second defendant is a 100%subsidiary of the first defendant, Vango).
    Last edited by PulpCutter: 16/03/22
 
watchlist Created with Sketch. Add VAN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.