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Emu NL’s $1.4M Placement Under Fire: What’s at Stake for Board Control?

7:03pm on Monday 24th of November, 2025 AEDT Mining
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Emu NL’s $1.4M Placement Under Fire: What’s at Stake for Board Control?

7:03pm on Monday 24th of November, 2025 AEDT
Key Points
  • Application filed by ex-director Oliver Douglas with Takeovers Panel
  • Challenge to $1.4 million institutional placement amid prior funding assurances
  • Allegations of undisclosed concert parties influencing board composition
  • Requests for interim orders to restrict share issuance and voting rights
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