MEL 14.3% 0.4¢ metgasco ltd

big thumbs down, page-17

  1. 3,614 Posts.
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    Look people's, over at ROG they felt they were REALLY screwed - and to all intents and purposes they might have been, SO...if it happens that one of the parties to that transaction is involved in this one, then you may well reflect shortly that under that sort of pressure they (MEL mgt) did alright by us (in the circumstances).

    Newland, did you go back and re-read that post I suggested?

    As some have said here, VERY common scenario when SPP announced for some holders to sell down to fund what they assume will be their entitlements.

    Poss more risky this time as may not be everyone gets their full entitlement - hey this is as Newl says, the sharemarket, and ASX listed co's.

    Just remember why you're here...hold your nerve while venting your spleen.

    I'm not selling anything down.

    Rgds,

    Lilac
 
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