MRK 2.78% 3.5¢ maverick energy ltd

So after all that research I thought I better does some more...

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    So after all that research I thought I better does some more digging today. I got a debrief from to trident capital and maverick this morning. Now all the usual cavites come with this info comes, so please DYOR! This is just my research. That’s my disclaimer.

    They indicated a few things to me;

    Our shares will be 3:1 so maybe a range of 4.5-6 cents re-list.

    The reverse take over will be the best thing for all involved, even with the dilution of current ownership to 12%

    Things are going better than expected on the TPI PSC indicating that they believe the new company will be day one cash flow positive.

    And last of all they are going to put off the capital rising of an additional $400k as they indicated things where going better than expected as per point above, and all involved don’t wish for any further dilution of capital.

    Make of that what you will

    Still interested to hear other people takes on the takeover
 
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