Sorry, I had to change the subject heading as 0.032 cents wasn't right.
I consider the current offer as opportunistic, trying to get in before our AGM and share consolidation. MTQ will be buying up what they can at these prices. Some big volumes and more than 80 million shares have changed hands since the 30/10.
Below is a link to the circular to MTQ shareholders regarding the current NMS takeover offer -
http://mtq.listedcompany.com/newsroom/20121101_065336_M05_68A6798750963AB648257AA800153611.1.pdf
MTQ is holding an EGM on the 20/11 to decide our fate.
The current offer of 3.2 cents equals 96 cents after share consolidation. MTQ will only need to find about 12 million aussie dollars to increase their offer to 4 cents or $1.20. That's not too much to ask is it?
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