After EGM,only long term investor left over,reach should shoot up instead of going down.There is no logic price will go down.Who want to sell at lower price?0.76 they also refuse to accept,they want to sell below 0.70?Normally those who buy the private placement are not allowed to sell within 6 six month.Correct me if I am wrong.

I am sure all the big share holders will have pp,their price are much more cheaper.Since mother share will drop after egm,better buy warrant and vote No during the egm.Get back cash value 0.76.Buy reach when the price drop

If want to know roughly how many people vote for No,just see how many people q to sell up to 0.76.My screen can only see up to 3 bits

Thanks Ultrainvestor

Thanks for the info TheContrarian & acadi.If I am not mistaken,as the voting list is based on share purchased Yersterday,those who sell reach & convert to warrant from today onward is still eligible to vote yes.

They still can still can push reach above 0.76 before EGM.So those who vote "No" will not go to EGM.

Those people who sell at 0.715 must have no fund to pick up.This huge seller come out after MTD bought from PAG instead of buying from them in the market Guess only

Speakup.You mean after you sell at 0.76,you still go to Egm & vote Yes?

Don't need to wait until QA vote yes.Once reach go up to 0.76,can buy warrant immediately.If you don't want to take risk.

Stamp duty for 1st house buyer (500k house)

2016
SPA~(100k x 1% +400k x 2%)x 50%=4,500
Loan(90%)~450k x 0.5% x 50%= 1,125

2017
SPA~(300k x 0% +200k x 2%)=4,000
Loan(90%)~300k x 0% + 150k x 0.5%=750

Save~875

Stamp duty for 1st house buyer (300k house)

2016
SPA~(100k x 1% + 200k x 2%) x50%=2,500
Loan(90%)~270k x 0.5% x 50%=675

2017~0%

Save~3,175

Stamp duty for 1st house buyer (500k house)
2016
SPA
~(100k x 1%+ 400k x 2%)x 50%=4,500
Loan(90%)
~(450k x 0.5% x 50%=1,125

2017
SPA
~(300k x 0% + 200k x 2%)=4,000
Loan (90%)
~(300k x 0% + 150k x 0.5%)=750

Save =875

Stamp duty for 1st house buyer( 300k house)

2016
SPA
~(100k x 1%+200kx2%)x50%=2,500
Loan(90%)
~(270k x 0.5%)x50%=675

2017~0%

Save =3,175

Very simple.Don't let shareholders who vote no to enter the egm

Reach unable to push up above 0.76 due to two obstacles. One is PAG(11.5%) & the other is Siva kumar & etc(6%).If Siva kumar support QA,it will be easier to push up to 0.80 without turning back.Those who sell at 0.76 still can buy back at 0.80.No more uncertainty.Everyone will vote yes.What warrant holders need to do is laugh.We let Siva kumar to push up

I agree with damagpie .if they have enough vote,they won't push up reach to let retailer,contra player & Siva kumar to sell.

Major obstacles aready removed.So can push up to 80 ct.Nobody want to vote No anymore

If they got enough share to vote yes.Then they won't buy mother share in the market anymore.Warrant will be more attractive

Ramlee.where did u get this info?Almost 10%

Yes.PAG hold 9.3%.This mean their vote is 9.3%/80%x100%=11.6%.That means they need another 14% to vote no,then QA will fail

Currently CS hold 7.67% of reach.If they can sell another 2%@0.72,which equal to 1.27bilx2%=26k share.I think is save for the QA to go through.And for another 5.67%,they can get 0.77 immediately after QA approved.Assume only

Us is going to increase interest rate this Dec.Then Rm will drop further.It is better to have asset which can generate us income.I don't think CS want their cash back after one year.They don't want weaken Rm.They will help QA to go through.If you see any huge transaction in reach.This means CS is moving out

Reach current share cap is roughly 1bil.Expected profit in 1Q 2017 is 100mil.One year is 400mil.PE=1bil/400mil=2.5.If add in warrant after conversion=5.And the production will be increase in future.Good for investment

Yield investor have to vote no then they only can get back their cash.They cannot vote yes.If they do so then they become investor ady.

If yield investor got 10% share in the market & they know management still need another 2% to go through the QA .They may sell 2% @72ct in the market & get back 8% cash @0.77 from management.Depend on how they negotiate with management.All of them have the same purpose to make sure the QA go through.Then they put this money in FD@4%,after one year they can get 79ct per share.Assume only

Definitely yield investor will vote no.But if they want to get back their cash back early,then they need to help the QA to go through

I never mentioned yield investor interested in the business

Yield investor also want QA to be passed through.So they can get their cash early instead of waiting for one year.They still vote for no.What they need to do is just sell some shares to make sure enough 75% PPL to vote yes.My opinion