MAY 6.06% 3.5¢ melbana energy limited

Ann: MEL: Variation of Takeover Bid, page-7

  1. 2,181 Posts.
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    As someone who does not want to merge with MEL, one positive from the ongoing Beehive uncertainty is that the Takeover Bid vote has only 9 days left to run (15 November).

    With no croissant from Total & only half a piglet in the oven from STO right now, I doubt the Mel peasants will be knocking on the door with the apple sauce!

    Will MAY now extend the offer again into December?

    I'm confident about Beehive & tempted by the 1 cent shares on offer but reluctant until MEL merge outcome is done with.

    Anyone here actually think merging with MEL is going to boost the share price?

    .
 
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