MARKETS

Metgasco urging shareholders to reject Melbana takeover

JUNIOR explorer and producer Metgasco is once again urging shareholders to reject a takeover bid from fellow ASX-listed oiler Melbana Energy.

Metgasco urging shareholders to reject Melbana takeover

  In a statement to the market this morning, Metgasco directors reiterated their strong recommendation to shareholders to reject the all-scrip offer from Melbana, of four shares for each one of Metgasco's....

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