Q: The Company has sent out their year end shareholder information for the AGM. I note that three insiders own approx 51% of the Company.
Additionally, the Company has stated that it is reviewing all options and has created a committee to do so.
My question for 5i is, if the three majority shareholders wished to take the Company private, how would that occur, is there a threshold they would need to take it private, and what options are there for a shareholder?
Thanks
Additionally, the Company has stated that it is reviewing all options and has created a committee to do so.
My question for 5i is, if the three majority shareholders wished to take the Company private, how would that occur, is there a threshold they would need to take it private, and what options are there for a shareholder?
Thanks