egm meeting 28/5/10 cancelled

The potential for a higher bid or any further action appears well & truly over as Mighty River has withdrawn its request for EGM, and the meeting has been cancelled.

And with MIN heading for 50% shareholding... GAME OVER !

I sold out a few weeks ago, but must say I was disappointed at the low price/value being placed on MAS at the time the takover by MIN was first announced.

My ultimate reason for selling was the other mob trying to take control looked a bit dodgy to me.

I had one or two shares, and while I still made good money, it should have been significantly more.

I reckon MIN has basically picked up MAS at less than half price.

Cheers

Bendigo