MLD 0.00% $1.07 maca limited

Ann: Commencement of Dispatch of Bidder's Statement, page-2

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  1. 562 Posts.
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    L
    WHAT HAPPENS IF YOU DO NOT ACCEPT THE OFFER?

    •… if there is a limited number or spread of MACA Shareholders remaining at the end of the Offer Period, the Bidder may seek to procure the removal of MACA from the official list of ASX. In such event, your subsequent ability to trade MACA Shares may be limited.

    • If the Bidder becomes entitled to compulsorily acquire Your MACA Shares, it intends to proceed with the compulsory acquisitions. If Your MACA Shares are compulsorily acquired by the Bidder, it will be on the same terms (including the same consideration for each MACA Share acquired) as the Offer

    So compulsory acquisition is not necessarily a given, as has been suggested on this forum. Intends does not mean will. Or should the first option above be ignored because it just won’t happen?

    I dont want to accept the offer, but more than that I don’t want to be mucked around by Thiess in getting my $1.025/share if that’s the best I can get.
 
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