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2014-11-21 22:29 | Report Abuse
Does the ophir offer needs approval by Salamander egm. Offer already discounted almost 10%. If ophir share goes down more. Salamander share holders will loose more. Right?
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2014-11-19 16:08 | Report Abuse
Its like waiting for the verdict guilty or not guilty. Approve or disapprove.ve Up or down.
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2014-11-18 08:03 | Report Abuse
Business play to raise their own share. Salamabder also dislike the rumours that could make Sona reconsider their offer or Sona share holders might decline the deals. Goregn before crismas
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2014-11-16 19:46 | Report Abuse
Simple calculation. Ophir buy Salamander at 1.9bil. Sell it to Sona 40% .9bil. So pay only 1bil for 60% Salamander share. Sell it to another party for 160p per unit for 1.35 bil. Easy profit 350j.
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Stock: [SONA]: SONA PETROLEUM BHD
2014-11-21 22:47 | Report Abuse
Ophir offer is not so tempting. Sona need only top up Usd149mil or maybe less for cash payment to Salamander. Now its up to Sona management. How good they are?