Ann: Metallica further strengthens cash position , page-11

  1. 6,072 Posts.
    re: Ann: MLM: Metallica further strengthens c... alph,

    I thought a shareholder couldn't go over 20% unless launching a takeover? They can only increase I believe something like 3% every 6 months if they want to go over 20%.

    Anyway I would think we are talking at least $200 million takeover value (approx $1 per share) and quite a few boxes still need to be ticked before any really offer would come our way.

    So I think your thought is not silly, just very optimistic.
 
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