Sounds like a great deal for MQG at the expense of MAP holders.
Why dont MQG take their payment at what they keep telling us the net asset value is? i.e. at $4.30 per share.
The value of MAP should gradually recover and rather opportunistically MQG has chosen to take their additional stake when the price is depressed by circumstance.
I will vote against this pathetic proposal as it stands.
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- nice deal - for mqg
nice deal - for mqg, page-36
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