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MMC Contrarian (ASX:MMA) |
QUOTE AND NEWS
The Australian
Jun 3
Comment
RON Brierley's MMC Contrarian Group has announced it has received regulatory approval for its acquisition of MBF Life Insurance from Bupa Australia.
The Australian
Mar 26
Comment
MMC Contrarian plans to raise $73 million to fund the purchase of life insurance and wealth management assets for $195 million.
Fusion Investing and Analysis
Nov 6
Comment
MMC Contrarian (MMA.AX) holders voted with their shares. Holders of 33% of MMA rejected GPG's scandalously low bids of $0.48 and then $0.50. I haven't heard what Nicholas Bolton has done with his 5.5% holding. Bolton's Australian Style Group...
Fusion Investing and Analysis
Nov 5
Comment
GPG at 65% of MMA and a new consitution
Guinness Peat Group (GPG) announced 64.15% yesterday and with another 1.8million bought so far today they should end the day owning close to 66% of MMA.
75% allows GPG to change constitution. There was...
The Australian
Oct 19
Comment
GUINESS Peat Group has snagged an extra 4 per cent of takeover target MMC Contrarian after upping its offer.
The Australian
Oct 16
Comment
GUINNESS Peat Group has boosted its offer for MMC Contrarian and said this was as good as shareholders would get.
The Australian
Sep 11
Comment
MMC Contrarian, which is facing a takeover from Sir Ron Brierely's Guinness Peat Group, has challenged corporate gadfly Nicholas Bolton's claim that he became a substantial shareholder in the wealth manager only this week.
Fusion Investing and Analysis
Sep 9
Comment
From the outside it appears there has been scant regard for shareholders and I pity anyone who invested in one of the managed funds. Do management think we can see no evil?
Now along comes GPG and with a takeover bid around 35% below value and...
Fusion Investing and Analysis
Sep 8
Comment
Guinness Peat Group Plc (GPG.AX) via it's subsidiary Ecurb Australia has announced a low ball takeover bid for MMC Contrarian (MMA.AX).
The $0.48 offer which GPG details in this bidder's statement is less than MMC Contrarian's net tangible...
Fusion Investing and Analysis
Oct 12
Comment
MMC Contrarian (MMA.AX) plan on paying $200,000 in costs to buy $75M in shares at above market value so they can decrease the earnings per share, how on earth can that be a sensible allocation of capital?
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