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Ann: Bidders Statement - Off-market bid, page-14

  1. Dr Daz
    2,041 Posts.
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    12/02/15
    11:10
    Post #: 14741713
    From memory at the time of the first offer, the price was 50% of MEO's market price, so this shows MSMN's intentions, to offer:
    - highly discounted price
    - with highly questionable paper
    - with highly questionable prospects of solvency beyond the offer period

    And this is a solution?

    For all its shortcomings, at least the NEN offer involved a well capitalised consolidated group.
    MEO Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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