Good, the TTW share price made the deal for MEI quite cruddy in the end.
I would wonder whether there was a clause in the agreement for MEI to require payment on the basis of the lesser price, which would, at this stage, probably give MEI a 20%+ holding in TTW.
Or perhaps TTW were just scared that MEI would sell down their price even further to cash out...
Ann: Update on Midrim and Laforce, page-3
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12.0¢ |
Change
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Mkt cap ! $238.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 12500 | 1 |
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