Posted by pop2016new > 2016-04-26 14:28 | Report Abuse

i seem like a joker to place hope in sona.haha

Posted by sudahkena > 2016-04-26 14:29 | Report Abuse

what option they have with 77% vote No...?

Posted by pop2016new > 2016-04-26 14:31 | Report Abuse

why are the volume in 0.025 still holding?

Posted by stockmanmy > 2016-04-26 14:31 | Report Abuse

landslide defeat

the directors have wasted every body's time on a wild goose chase.


SC should black list these directors.

Posted by callme777 > 2016-04-26 14:31 | Report Abuse

No option! Liquidate and take back money asap

Posted by sudahkena > 2016-04-26 14:31 | Report Abuse

3 month.. wht can do?? not enough to find new asset...

Posted by ktsk88 > 2016-04-26 14:33 | Report Abuse

even they find another QA, the shareholders still voted NO.

Posted by sudahkena > 2016-04-26 14:33 | Report Abuse

million unit these few day.. just only burn in Tuesday. .. why? so much money?

Posted by gamer > 2016-04-26 14:34 | Report Abuse

since management thinks the deal is good, possible management teams buy the assets themselves since it costs 25 millions only and they get the fund through bank loan.


and we will the enjoy the short term small earning through liquidation refund. this Seems a win win situation to both mother shareholder and management team.

Posted by ktsk88 > 2016-04-26 14:34 | Report Abuse

i hope they have something in their mind........... take the Santos privately and offers those YES voters something.

Posted by speakup > 2016-04-26 14:35 | Report Abuse

GAME OVER!

Posted by T1T4N > 2016-04-26 14:36 | Report Abuse

76% voted no.
So I think u better throw, whatever godlike Asset they buy, not enough votes to swing to YES.

Posted by sudahkena > 2016-04-26 14:36 | Report Abuse

bcoz the cfo told ... dont worry.. I will comeout with option

Posted by T1T4N > 2016-04-26 14:37 | Report Abuse

Kindly be advised that trading in the above Company's securities will be halted with effect from 2.30 p.m., Tuesday, 26 April 2016.

Trading in the securities will resume with effect from 3.30 p.m., Tuesday, 26 April 2016.

Your attention is drawn to the Company's announcement dated 26 April 2016.

This is why you see still holding 2.5sen
3.31pm will only resume trade.

Posted by ktsk88 > 2016-04-26 14:39 | Report Abuse

i withdraw my selling order at 0.025sen..............just keep until last day.......see any miracle or options as said by the CFO.

Posted by pop2016new > 2016-04-26 14:39 | Report Abuse

titan, is that mean when 3.31pm all the volume in both price of 0.025 and 0.020 will forcely dissapear?

Posted by pop2016new > 2016-04-26 14:40 | Report Abuse

ktsk, u think cfo will open an option for warrant holder?..

Posted by sudahkena > 2016-04-26 14:41 | Report Abuse

Write a comment..http://m.thesundaily.my/node/363296

Posted by bryan90 > 2016-04-26 14:41 | Report Abuse

Now I q 0.01 only

Posted by ktsk88 > 2016-04-26 14:41 | Report Abuse

ask sudahkena. since he met up with the CFO and mumble something to him.

Posted by sudahkena > 2016-04-26 14:41 | Report Abuse

other option is liquidated the co..haha

Posted by T1T4N > 2016-04-26 14:41 | Report Abuse

ktsk88, what miracle you talking?
77% VOTED NO. They want their 48.5 sen.

Directors won't care warrant holders, because warrants are given FREE during ipo

Posted by speakup > 2016-04-26 14:42 | Report Abuse

TLTAN is right!

Posted by sudahkena > 2016-04-26 14:42 | Report Abuse

she just said that.. other option... n smile...

Posted by ktsk88 > 2016-04-26 14:43 | Report Abuse

but i still let it become toilet paper......0.005 is too negligible.......i dont mind it.

Posted by T1T4N > 2016-04-26 14:44 | Report Abuse

Wtf guys, you all holding your decision onto a CFO mumble smile,
instead of looking at FACTS and figures.
Good luck.

Posted by pop2016new > 2016-04-26 14:45 | Report Abuse

but if you que at 0.005 arent you will get the 0.025?i thought its first come first serve for matching price.

Posted by ktsk88 > 2016-04-26 14:45 | Report Abuse

amt to sell is too negligible............better let it be.

Posted by T1T4N > 2016-04-26 14:45 | Report Abuse

How much Ringgit value u holding?

Posted by sudahkena > 2016-04-26 14:45 | Report Abuse

chairman also said they dont want 8cent.. they why this foreigner vote No

Posted by ktsk88 > 2016-04-26 14:46 | Report Abuse

look at those sellers, you think they will be takers?................dont be silly. No ones gonna buy anyway.

Posted by Old90 > 2016-04-26 14:46 | Report Abuse

No hope, lose quite a lot at Sona Wa, thinking of it is really a good deal afterall for future gain. Gonna back to the start point, to earn back the lost of Sona Wa. It may take some time, but will never give up.

Posted by sudahkena > 2016-04-26 14:47 | Report Abuse

let discuss. .wht mgt csn do in 3 month?

Posted by ktsk88 > 2016-04-26 14:47 | Report Abuse

ask yourself, will you even wanna buy at 0.005sen?................for what?.............memoirs?

Posted by gamer > 2016-04-26 14:48 | Report Abuse

other option: let the company liquidated and then form a new company and acquire the asset themselves.
They are the one who familiar with the asset. if the asset is attractive, why not?

Posted by sudahkena > 2016-04-26 14:48 | Report Abuse

then we can decide to sell or hold

Posted by pop2016new > 2016-04-26 14:48 | Report Abuse

that's why i'm curious why are there still millions of volume holding in 0.025

Posted by cliqbabi88 > 2016-04-26 14:49 | Report Abuse

Cliq and Sona are 1 family, both of them are inheritance by pig !

Posted by sudahkena > 2016-04-26 14:49 | Report Abuse

if we are mgt..now wht we can do?

Posted by pop2016new > 2016-04-26 14:50 | Report Abuse

borrow money and announce privatize? hahahaha

Posted by gamer > 2016-04-26 14:50 | Report Abuse

buy the damn cheap asset ourselves :D

Posted by tyran > 2016-04-26 14:51 | Report Abuse

better don't keep false hope on the WA, the documentation is super clear on this: No QA, WA burnt

hoping that a Cfo smile will bring some miraculous offer is just bonkers

Posted by cliqbabi88 > 2016-04-26 14:51 | Report Abuse

Asked the director taken out their salary taken from this counter ! All of us do so !

Posted by ktsk88 > 2016-04-26 14:52 | Report Abuse

If i am the Mgmt, i delisted the company from Bursa........offer up the warrants lifeline to those holdings it and re negotiated the conversion so that these warrants holders can become shareholders of the company. This will brings funds to the company and acquired the Santos assets privately.

Posted by ktsk88 > 2016-04-26 14:53 | Report Abuse

Just changing the status of the company from public listed to private listed.

Posted by pop2016new > 2016-04-26 14:54 | Report Abuse

ktsk88, but then they have to buy back all the public share at certain price, it need a lot of cash which they are currently lack of isnt?

Posted by ktsk88 > 2016-04-26 14:56 | Report Abuse

they can liquidated and return to shareholders that voted NO, but maintaining the company as shell company with those warrants holders an option to participate in the company by converting the warrants.

Posted by Jstockman > 2016-04-26 14:58 | Report Abuse

still got 1 person forgot to remove his 10000 units buy-Q at 0.030. Anyone want to sell yours to him? :D

Posted by tyran > 2016-04-26 14:58 | Report Abuse

ktk88, you thinking too much la. if i was mgmt, i'd let sona die and get some private investor to buy over stag. why need to deal with so many retail investors for?

Posted by ktsk88 > 2016-04-26 15:00 | Report Abuse

The Mgmt is holding around 20% of the total capital of 282,200,000 and with this they get back 0.48sen each and this block of shares generated back 135,456,000.00 to the company and enough to take the Santos QA privately.

The remaining 22.61% of the warrants holders 20% out of 1,410,714,100 or 318,962,458 warrants can participate in the company if they willing to convert the warrants at an agreed price which offers some funds to SONA for infill development.