Ann: MEL announces scrip merger with Elk Petroleum, page-41

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  1. 23,467 Posts.
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    ""( "Metgasco has applied to the ASX seeking in-principle advice as to whether ASX will exercise its discretion to require Metgasco to seek shareholder approval to proceed with the transaction, and if so, whether ASX will require re-compliance with Chs 1 and 2 of the Listing Rules. Having regard to the circumstances of this transaction, Metgasco does not presently intend to seek shareholder approval unless ASX requires Metgasco to do so;")""

    That part above, IMO, says it all.

    It clearly states that, if they are not required to do so by the ASX, they have, or better still, they never had any intentions to seek our approval at all.

    As far as they are concerned then, we are just nothing and count as nothing.

    Talk about Democracy. NOT!!!

    Russia, eat you heart out!!!
 
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