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Any takeover would be a complete disaster for the company. Aeturnum are only interested in gaining hold of the assets to line their own pockets and all have no experience in this field whereas the present board have previously created a billion dollar company from peanuts...if the resolutions get passed, that will be the end of Asiamet...
So Matt has decided it's non-core assets! All these years have past and all the time it was regarded as thus...what a waste of time owning it in the first place. And I take it the assets have been producing oil after 2016, so with NTOG owning 50%, why has nothing been said about that. That's 3yrs plus owed to NTOG. Does anyone agree?
Would love to buy some of these shares, but the Spread is crazy...33% Will have to wait for a drop in spread!