Ellison's just angling to increase his bargaining power.
It's a negotiating situation for him nothing more, on his final price. We can't expect him to challenge the scheme of arrangement it's not going to happen he wants to work with Gina into the future and he wants those contracts. JIMO.
As for investigative journalists, there is value in applying pressure to the company to have at least the valuation being done fairly.
There is also a wider public interest from the inability of punters to access the upside of this massive resource, by its removal into private hands. And the means done to get it there by the scheme of arrangement because it's now a precedent.
So what does this mean for future massive discoveries? Will they also be covered up in the same way?
Jubilee Mines sold for $3billion with $24 per share to shareholders. That colossal upside won't be realised by punters with AZS who are being basically screwed. The most that government seems to want is to tax the heck out them.
This is about the public interest and how colossal windfalls are going to the super rich. That's what it's about. (Of course some in here think it's all about them personally, the braggers who shall remain nameless but we know who I'm referring to..)
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