Back in September 2010, Innamincka (now Acer Energy) shareholders were offered 2.5 Drillsearch shares for each Innamincka share they owned. A friendly merger which was accepted by the board but later rejected by some larger shareholders.
Well as we know, Drillsearch shares now sit at $1.50 and Acer's at $0.29c.
Perhaps we can get this deal back on the table?
Just a thought...
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