On an application from
Nex Metals is currently the subject of an off-market scrip takeover bid from
Among other things, the Panel's final orders1 and additional orders (as varied) made in these proceedings provide that if Nex Metals does not prepare and lodge a replacement target's statement in respect of the
Nex Metals did not lodge a replacement target's statement with the Nex Metals IER by
Following Nex Metals' request, the Panel has now made a further variation to the additional orders to, among other things, allow Nex Metals to engage, at its own cost, an expert of its choosing to produce an independent expert's report opining on the
While the Panel did not consider the variation necessary, because the orders do not in any way prohibit Nex Metals from obtaining an expert's report, it considered that the requested variation was not objectionable
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