if voted YES, QA will not fail............only fails if you guys voted NO.................all the necessary approvals is obtained and now approval needed from you guys voting at the EGM.....
any business has risk. depending whether it is acceptable for the market. as an investor i think its undervalue. my insider said yes. so we will stay here and see okay, win or lose is just another day
Once the EGM is done with 75% YES votes, then Sona can close the chapter and become the 1st SPAC successfully acquired the QA and also another O&G players in the region.
i have researched the wigs and oil price...although russia and saudi have increased their oil wig production, it is still not enough for the demand in the worlds as the non-opec country is decreasing production as well as u.s.oil price will stabilize in 2017,and not mentioning saudi arab is changing their country income direction towards a non-oil production central ,if for future o&g will play a big show. so why not?
after lunch break, if everything okay...............mother will fly, so do warrant in tandem with the mother.......factor the 8 sen repayment and all the future profits from the oil with immediate effects.
Most ppl I met here voted against. If u want to gamble I suggest u sell half of ur warrants. So if qa pass u recoup with ur jackpot. If fail u have reduce some lost.
mr.kareem, if company knew they have 25% vote no, they will have more effort into voting yes, or find all the excuse in the world to delay the qa. why wait for the embarrasing to come and do nothing?
embarasing or not is not in business vocabulary........in biz it is either YES or NO......but it is just very unfortunate that shareholders defeated the purpose of the SPAC to listed permanently at the first place just becos of $$$$.
i am one of the mail proxies appointed the Chairman to vote on my behalf.........and my vote is YES.....becos i am from outside KL and can;t attend the EGM
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....
bryan90
288 posts
Posted by bryan90 > 2016-04-26 10:46 | Report Abuse
So is good or bad news