MEL 25.0% 0.3¢ metgasco ltd

Ann: Supplementary Target's Statement, page-9

  1. 4,809 Posts.
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    Well they have extended past the Beehive deadline until 15 Nov .
    However it should be noted that they have plenty of defeating conditions that they can use to pull out 8 days before that .

    What were the MEL shareholders thinking that accepted the offer before Beehive and defeating condition deadlines were passed ?

    Of interest Purcell seems to me able to accept the offer now .
    Telling that he has not !
    Anyone tempted to accept early should think about that .
 
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