CDU 0.00% 23.5¢ cudeco limited

well if O.W and NAAIL wanted to go hostle to the wishes of the...

  1. al1
    2,005 Posts.
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    well if O.W and NAAIL wanted to go hostle to the wishes of the board...and that would not be a wise decision...
    ...then the board could just offer the same or larger placement to all shareholders at $4
    M&G CAN vote their shares on that resolution....

    ...doubt OW will be willing to pay $4 and if trading is an indicator...it appears not to many small
    investors would stump up $4...so any shortfall would be available to the shareholder or sharreholders
    who are willing to pay $4...in steps M&G to take up the shortfall....one way or another they will get sold at $4 min
    shorters will have afield day whilst the market winds down for XMAS....BUT AFTER NEW YEAR...new ball game
 
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