MEP 0.00% 20.5¢ minotaur exploration ltd

Ann: ADN: Bidder's Statement, page-5

  1. 828 Posts.
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    "In addition, there will be an automatic extension of the Offer Period
    if, within the last 7 days of the Offer Period, Andromeda improves
    the Offer Consideration
    , or Andromeda's Voting Power in Minotaur
    increases to more than 50%. If either of these events occurs, the
    Offer Period is automatically extended so that it ends 14 days after
    the relevant event occurs."

    Remember JM said if I recall correctly that they'd have to work hard to get to the 90%...

    I can't see imo how Andromeda gets control without improving the Offer Consideration.

    DYODD not investment advice.
 
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