RE: I am Being Naive.14 May 2020 16:10
- So is this actually the start of a formal takeover? NO
- I presume I get a say in it? Prob not if you are in HL or something like that, but yes shareholders always get a vote on a buyout even if not reccomended by the board
- Do the board have a say or is this just a case of "we are buying you, and there is nothing you can do about it"? ofcourse they have a say, the final one in fact, with shareholders blessing
- What about Newcrest, do they have a say in it also? umm, they should do if they want to buy us?perhaps I dont understand the question?
Presuming it can be sold to the highest bidder and not the first person that throws their hat on it to claim stake. Yes indeed, although difficutl to sell something without its maiden resource and before you have got another 30% for free essentailly, or 45m of farm in spent, NO BUYTOUT BEFORE MRE,, is most common sense peoples opinion, hope that helps