NME 0.00% 2.2¢ nex metals exploration limited

Ann: MCT: MCT Takeover of NME - Letter to NME Shareholders, page-6

  1. 72 Posts.
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    Does anyone know what the debt was when the deal was struck? If it's moved significantly since then - I can understand why the offer is less than the 49% holding....but if it is broadly the same....I would have thought an offer closer to 49% would make sense. Are you able to shed any light on this?
 
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