MEL 0.00% 0.5¢ metgasco ltd

lng diluted

  1. 76 Posts.
    LNG look to have brought only 500k odd in the placement. That takes their holding to 8.82% with futher dilution to come in the SPP, that kills their 10% blocking stake and opens mel up for a T/O imho.

    Either that or they will need to buy up on market to regain the blocking stake.
 
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