Post by
Grebmoolb on Dec 07, 2009 4:55pm
Felix Resources vote on YZC in 75 minutes
Felix Resources vote on the bid by Yanzhou coal in 75 minutes time. A vote of 75% in favor is needed otherwise the bid fails. A number of shareholders are rebelling against this unsatisfactory bid of a A$16.95 a share. Much depends on the former White Mining shareholders who may surprise and vote against.