AUZ 0.00% 1.0¢ australian mines limited

What really happened, page-292

  1. 3,981 Posts.
    lightbulb Created with Sketch. 217
    Would you be kind enough to explain just how that $280M purchase would play out ?

    Please don't forget to include the ASIC rules when explaining it.
    Here is a document to assist.

    Thanks.


    edit : My theory is that SKI are knowledge enough to know AUZ's MC and financial prospects, and signed the deal knowing it would go ahead.
    I don't think they intend to take over the company... but they can stop someone else from doing so with their ~ 20% stake.
    Last edited by rastus2: 25/03/18
 
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