MEL 0.00% 0.3¢ metgasco ltd

takeover play, page-12

  1. 299 Posts.
    who wants mels assets?
    who needs mels assets?
    who can afford to buy mels assets?
    who cant afford not to buy mels assets?
    there are a number of companies whom are going to have to make their mind up one way or another and quickly.
    my bet is a number have previosly been in negotiations with mel but got nowhere as they played hard ball and mel played hard to get.
    yes ego is a dirty word.
    its not quite 'game on' yet but we are not far of.
    the purchase by erm was smart.
    i dont think their pockets are deep enough but they are aware of the competitive tension that is building in the market.
    they want a piece of the action but are likely to be content with an easy profit.


 
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11 12645040 0.3¢
 

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