Misguided locals getting worried about MEL ultimate success, page-31

Yes peekaye. it would be. But, don't forget that our current price is only hovering at around the 5 cents mark, and even if we were lucky enough for someone to come up with an offer of 20 cents per share it would mean a premium of about 400% on our current sp.
Unheard of it before IMHO and based on my past experiences, unless a war between two rivals has started in the meantime.

And yes our share prices traded as high as $1.50, but look for instance NXS and PLV where they are today and where they both traded at even higher than $1.50 per share.

That is the sharemarket my friend and where dog eats dog and no mercy is allowed. Do you honestly think that an offeror give some consideration to the shareholders of the offeree company.?? Think again mate. All they care is themselves and their sharheolders.

But, in the case where two separate entities want that same thing, (I.e AGL or STO wanting to get MEL), it would then be a different ball game.
I can still remember where both Arrow Energy and QGC wanted to get PES, reason being that I owned both Arrow and PES at the time. Well mate the shares went to about $8.25 before Arrow pulled out.

Unfortunately for us, that doesn't happen every day of the week though.

Good luck.