MEP 0.00% 20.5¢ minotaur exploration ltd

Ann: Andromeda and Minotaur to Combine, page-20

  1. 4,809 Posts.
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    Congratulations to all who have predicted and called for this transaction .
    I thought that the two BOD's would find it too hard to negotiate the deal through but happily I was wrong !

    Good result for both parties and should unlock value and streamline developments in Andromeda without a JV partner .
    The management and BOD's keep their jobs , cash out their options ( well deserved payday imo ) and can focus the new MEP on what they do best .
    I am not sure what the tax status of the received ADN shares will be but I suspect they will get a ruling from the ATO to give us a guide .

    E that was an exceptionally accurate prediction .

    Looks like a done deal to me .

    So lets see how it will trade .
 
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