MII 0.00% 13.5¢ meridian minerals limited

mii 0.14 takeover offer, page-14

  1. 2,703 Posts.
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    I think they are making a TO for the rest of MII shares plough. No money to MII just a offer for our shares and then shut shop I would say.
    Just remember They were going to pay $78 mil for 58% they already have 42% ( Ok so they would retain there 42% of MII BUT do they really want a gold mine in Russia )
    So they make a low ball offer @14c which will only cost them $39.5 mill ( as tammyc has pointed out THANKS )
    I can see this offer getting to 20c easy. And that's why I am loading up. Oh and thank you another 60k mii shares for me @ 12c lol
 
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