MAY 4.35% 2.2¢ melbana energy limited

Takeover Talk, page-16

  1. 29,108 Posts.
    lightbulb Created with Sketch. 644
    ..most likely an offer of so much over share imo..like LTR got recently an offer of about $2.50 per share when the SP was about $1.70..they rejected the offer and the SP went straight to about $2.60...
    ..any offer from a non Aust company would most likely be just for Cuba as most majors couldn't be bothered with managing the other assets or they may take them and sell them off fairly quickly imo.
    ...it's inevitable the Cuban assets will get sold if the price is right...
    Last edited by hombre cara: 05/08/23
 
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