Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Registered members
Current visitors
Charts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Prospecting Australia:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="user 4386" data-source="post: 658460" data-attributes="member: 4386"><p>If it was Murrin Murrin I would be crying. Now supplies 13% of world cobalt, the largest production outside the DRC! Prior to that DRC produced 94% of world cobalt I think and the rest of the world only 6% (Australia almost nil).</p><p>. Murrin Murrin took over from Anaconda Nickel and Glencore managed to get 75% of its shares before initiating a compulsory aquisition. I can understand your pain.</p><p></p><p>The <strong>compulsory</strong> <strong>acquisition</strong> of <strong>shares</strong> is a right under the Corporations Act 2001 (Cth) (the Act). It gives a shareholder who holds at least 90% of the shares in a company the ability to <strong>compulsorily</strong> acquire the remaining shares. Consequently, the shareholder ends up with 100% of the shares.</p><p></p><p>So they have to acquire nearly all the shares first.</p></blockquote><p></p>
[QUOTE="user 4386, post: 658460, member: 4386"] If it was Murrin Murrin I would be crying. Now supplies 13% of world cobalt, the largest production outside the DRC! Prior to that DRC produced 94% of world cobalt I think and the rest of the world only 6% (Australia almost nil). . Murrin Murrin took over from Anaconda Nickel and Glencore managed to get 75% of its shares before initiating a compulsory aquisition. I can understand your pain. The [B]compulsory[/B] [B]acquisition[/B] of [B]shares[/B] is a right under the Corporations Act 2001 (Cth) (the Act). It gives a shareholder who holds at least 90% of the shares in a company the ability to [B]compulsorily[/B] acquire the remaining shares. Consequently, the shareholder ends up with 100% of the shares. So they have to acquire nearly all the shares first. [/QUOTE]
Verification
Post reply
General
General Chat
Is the crypto boom & bust just part of 'every bubble being pricked' in wider market sell-off?
Top