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 Metgasco urging shareholders to reject Melbana takeover Metgasco urging shareholders to reject Melbana takeover Metgasco urging shareholders to reject Melbana takeover 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