The company admits the Novitas decision is a ‘significant blow’ but says it’s not a knockout.
Investor Mike Daniel, who owns more than 6% of the tech company, wants a more active pursuit of a potential takeover bid at $1.70 a share.
The company walked away from a highly conditional offer to acquire the company’s shares for $1.70 in September. Shareholders want more 'colour' on this deal.
A quarter of ASX-listed Kiwi biotech’s shareholders have already undertaken to accept A$1.15 offer.
Airline indicated lower demand on short-haul routes, which analysts predict may spread to long-haul.
The Environment Court also challenged the company to be a ‘better neighbour’ to its stakeholders.
Jarden to manage and underwrite the sale.
Radius Care paid its executive chair $400,000 in 2021 when it purchased a sale agreement from him.
The company sought up to $5.6m but raised $1.4m.
Low latency Starlink will be offered on an ATR and a domestic jet in late 2024, and rolled-out further if successful.