lolz, as expected, selling plus accumulate phase. This downward force were meant for it. SHolder cant average down advise to sell Since you Dont know the bottom yet. Vt will acc ASAP for his purpose, with this price, is all bargain for him. Good luck all.
Wa this counter is something interesting i bought it at 0.32 after waited for so long thinking it was so so cheap , later bought again at 0.27 thinking that must be the lowest and today 0.25 wa never end . So best thing is to lock it up and go to sleep ...zzzzzz...will wake up in 2020
eddysurge, BJCorp has bought VT's BJLand at a premium, preferred shares + warrants (2 warrants/preferred share) + cash (can't remember how much.) That's the reason I has been adding BJLand shares, in hope a similar deal will be offered to BJLand's other minority shareholders to take BJLand private, given that BJCorp already owns more than 72% of BJLand and together with VT owns more than 79% of BJLand...
May i ask a noob question ? If TSVT were to take BJLand pvt what would the takeover price be like ? Seeing him he prolly will be pushing it even lower if he intends to do that ? Any rules and regulations on the takeover price, that is if he is subjected to the rules la, like i say a noonie asking noob question but would appreciate some light on this ? Tq
Firstly, take over! Combined maybe. TSVT maybe using share conversion. But, I guess only.. Unless bjland can get investors buying the share at higher price,then bjcorp can sell to any person interested.
The offer price must be the highest price paid, or agreed to be paid, by the bidder or any person acting in concert with the bidder for any voting shares or voting rights in the last six months prior to the beginning of the offer period
For those who loss a lot here, you have my sympathy. For Berjaya , what so happy when you earns this way. Your name will be remembered, especially you involved in servicing sector.
Otherwise, no show liao ! You can consider technical rebounds or another set up. But the important is a relieve. Have to wait a kick from TSVT , then you will know is good or bad coming.
1. make an offer with price at the highest for past 6 month 2. within this offer period accumulate all shares sold to him via this exercise to 90% 3. when it reach 90% he can force buy remaining 10% from minority at reasonable price.. 4. privatise complete 100%
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Posted by lwyy60 > 2018-04-11 09:50 | Report Abuse
lolz, as expected, selling plus accumulate phase. This downward force were meant for it. SHolder cant average down advise to sell Since you Dont know the bottom yet. Vt will acc ASAP for his purpose, with this price, is all bargain for him. Good luck all.