LNG
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0.00% 4.3¢ liquefied natural gas limited

LNG now have 8.99% of MEL, which they bought in a great hurry...

  1. bagasas
    534 Posts.
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    09/10/11
    20:07
    Post #: 9117566
    LNG now have 8.99% of MEL, which they bought in a great hurry last week after ERM bought their 6% stake. It looks like LNG want a blocking stake in MEL to ward off a takeover offer. They don't want their gas supply to suddenly go the way of AOE or BOW.
    LNG Price at posting: 38.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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