MMI 14.9% 5.4¢ metro mining limited

Ann: Takeovers Panel Update, page-5

  1. 6,072 Posts.
    They can try to get representation but they will not in my opinion.
    They have been hostile to say the least and my thoughts are that the Asians involved in Gulf would not have taken all this crap lightly.
    Only reason Metro has 22% is because one of the founding shareholders of GULF wanted some liquidity with his holding.
    Don't believe me, call Weidong Zhang and ask him why a founding shareholder has decided to sell his shares to Metro!
    Why do you think Metro is stuck at 6 cents? Put a big bid up at 5-6 cents and I'm almost sure it will get hit. Why? How? The shareholder from Gulf that has given his shareholding to Metro is cashing in in my opinion.
    Of course my thoughts are all hypothetical but makes a lot of sense to anyone that doesn't have blinkers on!
 
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