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LinQ shareholder stoush heats up

LINQ Resources Fund has recommended that its shareholders vote ‘no’ to a resolution from Carrousel Capital, a United Kingdom company which holds a 15% stake in the fund, demanding the Australian fund take action to boost its share price and lower its discount to net tangible asset price.

MiningNews.Net
LinQ shareholder stoush heats up

Today LinQ said shareholders should not support the resolution from Carrousel requiring LinQ's board to develop a written outline of strategies to address the discount to net tangible asset (NTA) of the...

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