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.
- Forums
- ASX - By Stock
- Ann: Change in substantial holding
LNG now have 8.99% of MEL, which they bought in a great hurry...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LNG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online