What is the Independent Expert’s opinion of the Scheme? The Altona Directors engaged KPMG Corporate Finance as an Independent Expert to provide a report on the Scheme. The Independent Expert has concluded that while the Scheme is not ‘fair’, it is ‘reasonable’, and has concluded that it is ‘in the best interests’ of Altona Shareholders, in the absence of a Superior Proposal. The Independent Expert has assessed the value of an Altona Share, inclusive of a premium for Altona Mining Limited - Scheme Book | Page 17 QUESTION control, as between $0.29 to $0.40 per Altona Share, which compares with the Independent Expert’s assessment of the value of the Scheme Consideration of between $0.14 and $0.18 per Altona Share.
AOH Price at posting:
14.0¢ Sentiment: None Disclosure: Held
