Ann: Shareholders advised to take no action on Takeover Offer, page-4

Nope a hope in hell will this get past the post. Indians can be foolish BUT they're not stupid.
Why would you trade a company like ABY for inflated script like MLX.
You have to be joking.
ABY has more than $55 million in the bank , plus the sale of Mt Gordon of $5 million and return of environmental bond of $41.7 million. TOTAL $100 million plus
Even with the jump today to 25 cents, ABY is only worth $78 million. PLUS It will have more money in the bank than the T/O price.
Maybe ABY directors will start to divvy up some of the money to stop the likes of MLX smelling the roses.
ABY is worth 90 cents/share min. What is ABY worth if Cu returns to US$4/lb ++
ABY will then be worth closer to $2 /$3 share.
A bare minimum would be to Offer $0.30c cash ( is divvying up the cash in the bank) plus the 1 for 5 offer would be acceptable.
I do agree that MLX management would do a far better that the current Indian clowns who are operating the Nifty mine.