MEO 0.00% 0.0¢ meo australia limited

terryl, as I understand it now that the offer has been freed...

  1. 622 Posts.
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    terryl, as I understand it now that the offer has been freed from conditions, any MEO shares that Mosman are holding come the end of the offer period, will remain with Mosman.
    Unless they extend again I would assume.

    That being the case they will issue the ex MEO shareholders with Mosman scrip.

    And with Mosman then holding probably such a small number of shares it is likely they will just dispose of them on the market.

    Mosman cannot force any MEO shareholders who have already accepted to change their minds. Mosman have to issue their scrip to those MEO shareholders, they have no other option.

    ps Not that I think they would try to change any Ex MEO shareholders minds, lol.
    Last edited by staymour: Ps added 04/05/15
 
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