Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

Atlantic Lithium (A11 AU) Knocks Back Major Shareholder's Offer. Again

Quiddity Advisors

Event-Driven

<ul>
<li>Back in November 2023, African-Focused lithium play <strong><a href="https://www.smartkarma.com/entities/atlantic-lithium-ltd" target="_blank" data-smartkarma-citation="entities:40322:1" rel="noopener">Atlantic Lithium (A11 AU)</a></strong> announced it had twice rejected NBIOs from South African-based Assore International, its major shareholder. </li>
<li>Assore offered A$0.63/share by way of Scheme, a 64% premium to undisturbed. Atlantic's IBC rejected terms as they were not in the best interest of shareholders. </li>
<li>Atlantic has now entered a Scheme with <strong><a href="https://www.smartkarma.com/entities/zhejiang-huayou-cobalt-co-ltd" target="_blank" data-smartkarma-citation="entities:25048:1" rel="noopener">Zhejiang Huayou Cobalt (603799 CH)</a></strong>. Price? A$0.354/share, a 26.6% premium to undisturbed. Assore, holding 26.4%, and directors (1.8%), are supportive. This is done. </li>
</ul>


Back in November 2023, African-Focused lithium play Atlantic Lithium (A11 AU) announced it had twice rejected NBIOs from South African-based Assore International, its major shareholder. 
Assore offered A$0.63/share by way of Scheme, a 64% premium to undisturbed. Atlantic's IBC rejected terms as they were not in the best interest of shareholders. 
Atlantic has now entered a Scheme with Zhejiang Huayou Cobalt (603799 CH). Price? A$0.354/share, a 26.6% premium to undisturbed. Assore, holding 26.4%, and directors (1.8%), are supportive. This is done. 


Atlantic Lithium (A11 AU) Enters Scheme With Zhejiang Huayou Cobalt