Deadhttps://stockhouse.com/companies/ownership?symbol=t.pipe Not sure how accurate the Stockhouse ownership information is. It looks like GMT Capital Corp. have increased their position substantially as shown on the most recent Sep. 15 report. William Lancaster, President GMT Exploration will also be voting the 5.64% that he controls Against this deal.
That is 24.67%. That means the Against side only needs another 8.67% to put an end to this deal. If Al Mehwar Commercial Investments votes their 11.24% Against this deal then it is already dead.
Even if Al Mehwar vote For this deal, the overwhelming hatred of this deal by almost everyone on Stockhouse is a good indication of where this deal is going. PIPE have shot themselves in the foot by not first getting GMT onside.