ADN can and imo will waive conditions once accepted shares have reached around 65% and after the vote for the merger (27th is the meeting) which I hear is going extremely well . why would anyone want to hold shares in the remaining % of mep ,no liquidity hence no point being on the market . ADN then only have to apply to Aquire these shares that asx deem dormant.this is my understanding of it anyway. The most important thing for a mep shareholder to do right now is to vote on the merger . I also believe sandfire and ozl have not voted or accepted yet and when they do should add a large slice to acceptance .
MEP Price at posting:
24.0¢ Sentiment: Buy Disclosure: Held