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Tribunal overturns ASX decision

THE Australian Securities Exchange Appeal Tribunal has set aside earlier decisions made by the ASX to block a deal that would have led to entrepreneur Frank Timis taking control of the Tony Sage-chaired International Petroleum and Global Iron.

MiningNews.Net
Tribunal overturns ASX decision

In its determination on the second appeal by International Petroleum and Global Iron, the tribunal found that the decisions made by the ASX were "infected by error and must be set aside" Both companies,...

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