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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
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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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