MEP minotaur exploration ltd

Ann: ADN: Takeover Bid - Notice of Status of Conditions, page-6

  1. 2,098 Posts.
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    OK now here is some food for thought and take. Note MEPpers holding out.

    ADN upload each Wednesday the chess holding of Tuesday. I bought shares on Monday and I couldn't accept on Wednesday as the T + 2 chess settlement didn't arrive till Wed. Those who bought Friday or before were able to accept each Wednesday.

    So all those who bought today or earlier should be able to accept this coming Wednesday. Anybody who buys next week will not be able to convert as they will miss the last upload.

    I won't be buying any. No thank you. Anything bought from now on will be subject to whatever happens next Friday. As a holder you can still accept but any new purchases are now bad luck.

    Will Andromeda do a special one off upload on the last day? I have no clue but not risking it. If they are at 90% they probably wouldn't bother

    DYOR
 
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