Share
5,245 Posts.
lightbulb Created with Sketch. 2575
clock Created with Sketch. 12/03/16
16:06
Share
Originally posted by Valin
↑
The founding shareholder in GULF who has decided to take up the MMI takeover offer has made a big mistake in my opinion. Or has he? MMI get a circa 20% of GULF and the founding shareholder of GULF can now finally find some liquidity for his investment (ever so slowly). He now has tradeable shares in MMI. Only 50 million plus shares.
Expand
It's still on the cards that one or a combination of them will participate in some form once the time comes to look for finance but for now we need to get a resolution on the proposed takeover and depending on the outcome of that, then the next wait would be the EA approval.
