the deals is good deals now......no reason not to vote YES. Capital repayment of 8 sen, revised conversion to 30 sen for warrant holders.
it is win win for all, unless some big funds purposely wanna fail it............but it can get messy if they did.......look at Cliq, the directors now filing injunction to stop the liquidation........it takes years to get back the repayment.
Dear Sona Management, you really need to restore confidence and hope by getting your share up to 0.485. Get your directors to buy and declare to show support and confidence. You cannot just announce a new plan and that do nothing about the stock price. Put your money where your mouth is. You have come out with a very good new proposal, now don't let the hard work all go down the drain. Walk the talk, show it in your stock price and we will all definetely vote a yes for the QA. Thank you
Hi all, please find below for Sona Petroleum’s latest Bursa announcements regarding to our proposed revised capital repayment exercise and adjourned EGM.
Guys latest news release about credit Suisse is direct shareholders to sona. PAG has no right to vote of QA....any experts can give us more explanation....
hence for minus platinum no right to vote left = 80% to vote
CS = 13.027% if CS vote no = 13.027/80 = 16.3% only not the 25% we all buta buta assume.
thx sona for the clarification. now we know ada hope!!!!
i seriously forgot the direct n indirect thingy. sorry guys. we double counted the shareholdings which is wrong. the correct one is CS 13.027%(CS bought for pag)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
T1T4N
270 posts
Posted by T1T4N > 2016-04-13 22:32 | Report Abuse
The only way QA will 100% go through, is mother share boost past the guarantee price of 48.5