MEL 0.00% 0.5¢ metgasco ltd

ERM. ... X-over worth $3.227m. I guess they took a hit of 20c /...

  1. 49 Posts.
    ERM.  ... X-over worth $3.227m.
    I guess they took a hit of 20c / share.  Refer to public documents.
    I suspect ERM needed to distant themselves as the saga with Henderson (& the Board) Vs NSW gov as was a matter dragging on for too long.
    Thus the new comer, whoever?, will be announced tomorrow and they might be the white knight you all hope for.    But they might NOT.

    You Hot copper Boys and Girls carry more weight than you think you do.
    Band together take the risk.  You have nothing to lose ...   but what is already been  lost.

    Statistics say the "YES" vote have a potential 25% control of the vote.
    The MEL Board may only need 20% to succeed.
    In 2013 the Board won because of voter entitlement apathy..
    e.g.
    IF only 40% of the entitled voters VOTE
    THEN a 50% majority of THOSE voters (i.e. 20%) is needed to carry a motion   

    ..............   Get my Drift?.............
    Shareholders have never been more powerful then you are right now.
    You want to fight for another day,
    Then stand up and be counted.
    OR cower as many did in 2013.
    Stand fast soldier and front your Foe
 
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