topaz. I think it means transaction that involves 25% of shares. Possibly, acquisitions involves purchase of > 25% shares in gpacket, requiring suspension. Acquiring party need not suspend perhaps bcoz their purchase without using their own share, or use their share not more than 25%. The deal may be not that attractive, can be less than closing price of 52c per share and definitely not more than 59cent, as can be seen by heavy selling, likely by major shareholder who possibly has info about deal.
I can b wrong as I'm not in this field, can anyone verify? I like to know too.
Bro vam pire...don't leave so soon...thks for giving your info in a straight forward manner...really appreciate it...do come back for more info please :)
haha..i will ciaoz liao...angelina, u dont have to question me about its major shareholder selling or buying. I have earlier on disclosed too much. Many of you dont even say a thing before. and when it happened, then everyone jump in and shout this and that! so trade at your own risk. if you follow what i said earlier, you should be safe. As those of you who have stayed around for long, you should know my credibility by now. Yesterday no one even dare to say a thing :P so happy trading guys..no time for this forum anymore. Have fun.
and yay! i am trapped with combination of 1000lots of its mother and warrant...aiya..bankrupt liao according to so many people down comment here...oops...
moneysucker1, i din question your credibilit, in fact you gave me boost to hold it. haha.. Thanks bro. So friday limit up yea... hehehe. BMW come come.
Wee888...thks a lot....but what if the offer price more than RM0.82? It will rise separately on Friday n then rise again on Monday? Or how does it work...please help to explain....thks in advance...
Thurs closing price is 0.52. If Fri morning session limit up then price is 0.82. Afternoon session can also limit up by another 30 sen. This is my understanding, anyone can better explain?
after paying debt. the balance all kept by company for "future opportunities" so investor got a shock. another MAA case. if u donno, go read MAA stories what they do with the sale proceed of MAA sold to zurich. 1 cent also never paid out to investor.
nobody would want to take over gpacket. if the deal is too complex and suspend for 3 days, all contra kaki wait to chop head la. more so if not above mkt expectation news out.
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topaz
1,344 posts
Posted by topaz > 2014-03-26 18:11 | Report Abuse
OIC...thks a lot guys...btw,any idea what is the price target?