Metgasco rejects Melbana's takeover offer

MELBANA Energy’s attempted allscrip takeover of fellow junior Metgasco has fallen flat, after Metgasco directors today advised shareholders to reject the bid.

Metgasco rejects Melbana's takeover offer Metgasco rejects Melbana's takeover offer Metgasco rejects Melbana's takeover offer Metgasco rejects Melbana's takeover offer Metgasco rejects Melbana's takeover offer

 

There was a suggestion the offer wasn't welcome during September's RIU Good Oil presentation by Metgasco, when the Melbana offer wasn't even mentioned in passing.

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