AQO ambassador oil and gas limited

Ann: Change in substantial holding , page-5

  1. 9,417 Posts.
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    As per AQO's previous announcement, management were approached with an offer by a party who wanted to purchase a 'controlling stake'? I'm not quite sure what that means, 20 or 51%. But you'd think this mystery party offered 25 cents, to match the Magnum Hunter deal. Given the timing, its safe to assume this mystery party was Smorgon Group.
 
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