In MELs announcement.. Shareholders have sought assistance to Withdraw Acceptances made to date A number of Metgasco shareholders who accepted the Melbana offer have written to or called Metgasco seeking our assistance to request that Melbana, as a sign of good faith, allow them to withdraw their acceptance forms. Shareholders should note that there is no legal obligation on Melbana to accede to a request to withdraw any valid acceptances. With respect to those shareholders who are seeking to withdraw their acceptances, Metgasco has written to Melbana on behalf of these affected shareholders, seeking Melbana’s agreement to consider allowing them to withdraw their acceptances.
Yeah you are...why dont MAY extend the offer to post FO...or why dont they say offer conditional on farm out if its a certainty ?? The dont cos its not going to happen....i bet the only people trying to extend the FO period was MAY not Total etc..
MEL Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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