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Jonmo91
Posted in: EUA
Posts: 700
The bod have stated significant dividend from their “strategy as announced.” WK profits wouldn’t class as significant imo.
“Substantially all” is referenced in respect to the asset sale, as in 75% of the assets. The 80% is the payout from the net adjusted income.
Any formal offer needs to be notified to the market. The bod can choose to recommend or not. They can’t withhold the offer from the market, assuming it’s formal, just because they don’t like it.
It was 3.032 billion with warrants prior to the last JV placing.
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