Think today might have been the final part of their three part strategy.
1. Assume a dire MEO quarterly. Our price goes down
2. Release their wonder project RNS. Their price goes up.
3. Release the improved offer. Chance to good to miss for MEO shareholders, suddenly acceptances flood in.
Well nothing ever goes according to script, so they say.
But reality is Mosman is still a share with low working capital and big future demands on that working capital.
That is exactly the sort of company we want to avoid at all costs. Don't want to get dragged down with them.
And even if for some reason you were contemplating their offer, once again, same thoughts as last time......... What is the hurry? It's your call, let Mosman sweat it out until June.
You have plenty of time to decide.
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Think today might have been the final part of their three part...
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