The Independent Directors of ANL unanimously recommend that you
ACCEPT IN THE ABSENCE OF ANY SUPERIOR OFFER
the takeover offer for all of your Pre-Rights Issue ANL Shares from Mongoose Pty Ltd, a wholly owned subsidiary of MatlinPatterson Global Opportunities Partners LP
The takeover offer for all of your Pre-Rights Issue ANL Shares accounts for only 6.67% of the total number of ANL Shares which will be on issue following completion of the Rights Issue
So does this mean a further 93% dilution to existing shareholders?
