MTE 0.00% 3.0¢ metrocoal limited

4 cent seller, page-27

  1. 331 Posts.
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    Possible pre-takeover strategy, seen this happen before.
    Slowly reduce the price and then bang , takeover offer 20% premium offer based on a 30 day vwap.

    The 20% premium share offer looks good but technically it is not.

    The above may not happen , but it wouldn't surprise me.
 
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Currently unlisted public company.

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