My take on why MIN are doing nothing is because they can't be seen to be exerting control of EGO. I expect one way or another they will get EGO or it's assets very cheapily. If they are seen to be exerting control over the decline in shareholder value it could complicate things for them including a potential class action from other shareholders.
EGO Price at posting:
12.0¢ Sentiment: None Disclosure: Held
