Message: SRP

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Re: SRP

in response to SRP by Blackfly6
posted on Nov 14, 09 04:17PM

"Even without it they still have to get 2/3 of the shares."

Nope. With the SRP in effect, they could not accumulate anything over the allowed limit(20%) without triggering it. After Dec 01, they can opt to take up any amount (25%, 35%, 50%) that they have committed to them. They might not get 2/3, but 50% plus one will ensure they get it all eventually.

Regards

K

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