RE: RE: RE: It's make or break time The "offer" to tender your shares is set at $0.11, but Pala can buy shares from the V-TSX at any price it wishes.
The fact that they are paying a premium over their own offer indicates; first, that Pala views MLR value at more than its own evaluation as stated in the offer, second Pala is very determined to acquire 66 2/3 or more of MLR outstanding shares.
Unless there is a group or an individual that is already heavily invested in MLR and wish to protect its investment in MLR he or they will have to act swiftly and determinedly.
Goodluck
D.