MEL 0.00% 0.5¢ metgasco ltd

LNG look to have brought only 500k odd in the placement. That...

  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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