Very unusual indeed. MBE has plenty of cash on hand and very little debt. As we have seen by the Marketing Punch and Clipp takeovers, MBE prefers to use a combination of cash, scrip and earn-outs to buy smaller competitors. My gut-feeling says this is either a rather large takeover attempt or buying their way into another market...
Thoughts?
Ann: Trading Halt-MBE.AX, page-7
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