Another meeting to be called at Nen to try and replace directors...

  1. 3,790 Posts.
    Another meeting to be called at Nen to try and replace directors by there major shareholder...this story is going to become a bigger read than War and Peace.....and may take another year of in fighting......

    The preditor is stalking its prey.....only just another battle in there war...

    This marger/takeover is going no where.....

    Beside..Meo shareholders are not silly enough to take .7 of a Nen share and give away 50% of the company just for $20 less redundany payments of say $6million plus restructuring cost....etc..etc...

    When they still have $10 million and farmouts on the table....12mths of cash to splash....just a hint that the chairman is eating spaggeti with Eni in Italy and the Meo sharholders will realise that this Takeover is not a deal which has merit....

    Do Ur own research and vote againts a deal that only gets a preditor off Neons back...
    and does zero to enhance meo shareholder value.....
    dyor
 
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