all parties except 1 executed side deeds (5 march), 10 days later TH (15 march) with trading to resume (17 march),
why would meo mgmt issue a TH with 17 march deadline, potentially:
1. unsigned party gave indication that they would respond by this date whether favourable or unfavourable or; 2. meo mgmt set this date as a deadline for negotiations
given todays announcement states 'the unsigned party is considering its position' and that the unsigned party already has had an extra 12 days than the other jv partner, would suggest to me that they are more likely to sign than not, if they wanted to scuttle the deal sounds like they could have done it by now.
just my thoughts
MEO Price at posting:
37.0¢ Sentiment: None Disclosure: Held