AQO 0.00% 27.5¢ ambassador oil and gas limited

Ann: Magnum Hunter Increases Ambassador Offer Consideration, page-3

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  1. 3,719 Posts.
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    Even better for AQO holders who have held their nerve.

    Also interesting to note after yesterday's discussion:

    Magnum Hunter is concerned that such actions have denied Ambassador Shareholders the
    opportunity to participate in the improved Magnum Hunter offer, and have delivered control of
    Ambassador to Drillsearch to the detriment of Ambassador Shareholders. Magnum Hunter is
    concerned that such acceptances have not taken place in an efficient, competitive and informed
    market and are inconsistent with the actions that would normally be associated with achieving the
    best possible outcome for Ambassador Shareholders. Consequently, Magnum Hunter intends to
    make an application to the Takeovers Panel in relation to these circumstances.
 
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