Well then say if they were to get 3% of MEO shares which would be 22,500,000 shares and sell them at .02 cents they would raise $450,000. That wouldn't cover the $650,000 it has cost so far for the takeover bid. They only have 1.6% 12,000,000 shares current price of .018 cents = $216,000. Less the people who reverse their offer.
- Forums
- ASX - By Stock
- MEO
- MEO response
MEO response, page-7
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online