Nex Metals Explorations Ltd 05 [2022] ATP 12 (Takeovers Panel) — Supplementary Target’s Statement — Barrister AI
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Nex Metals Explorations Ltd 05
[2022] ATP 12 (Takeovers Panel)
Takeovers Panel
Good law / bad law (paid plan)
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Interrogate
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Target’s statement – supplementary target’s statement – replacement target’s statement – disclosure standard – information deficiencies – efficient, competitive and informed market – directors’ recommendation – sufficient basis for recommendation – joint venture – undervalue statements - no objection – declaration – orders – costs
Corporations Act 2001 (Cth), sections 602, 638, 657A, 657C, 657D, 657G, 670A
Guidance Note 4: Remedies General, Guidance Note 22: Undervalue Statements
Takeovers Panel Procedural Guidelines, Guideline 3.1
Case Details
Citation
[2022] ATP 12
Court
Takeovers Panel
Jurisdiction
Commonwealth
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