MAP 6.25% 17.0¢ microba life sciences limited

nice deal - for mqg, page-48

  1. 4,503 Posts.
    lightbulb Created with Sketch. 174
    For all those that want clarity:

    This is a good summary. Even if you can fire the manager it still triggers a number of implosions. However that should mean you can negotiate a much better deal from MQG than paying full wack.

    From the documents I could find it didn't seem to secure the rights to MQG forever and I think this comment has been made bya few commentators. I think MQG are also shrewd so they may have done this deal knowing that it may have to be revised - or you can hold the view that they have got support from others and will just vote it through. I intend contacting some of the directors and large shareholders to see if they will pressurize MQG.

    Anyway herewith link:http://business.brisbanetimes.com.au/business/it-pays-to-be-out-from-under-the-parents-wing-20090724-dw5a.htm

    Article:
    It pays to be out from under the parent's wing
    MALCOLM MAIDEN
    July 25, 2009

 
watchlist Created with Sketch. Add MAP (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.010(6.25%)
Mkt cap ! $73.89M
Open High Low Value Volume
17.0¢ 17.5¢ 16.5¢ $213.2K 1.254M

Buyers (Bids)

No. Vol. Price($)
2 13656 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.0¢ 158048 1
Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
MAP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.