1MC 0.00% 0.3¢ morella corporation limited

Ann: Response to Speculation, page-29

  1. 330 Posts.
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    Takeover is done by buying shares. Board recommends SH either do or do not sell at the offered price.
    The issue for us as SH is that at 90% ownership the buyer can force smaller shareholders to sell (I think).
    I don’t think this is what they would want. My view is that they are looking for surety of supply.
    Hang on, it could get bumpy.
 
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