"The Proposed Acquisition is subject to the terms and conditions of the non-binding HOA, which will be further substantiated by the Definitive Agreements. The Definitive Agreements are intended to be executed within 60 days from the date of the HOA with an option to extend for another 30 days to be mutually agreed upon in writing between the Parties (“Exclusivity Period”). The Parties are not obliged to proceed with the Proposed Acquisition unless the Definitive Agreements are executed within the Exclusivity period."
slowly wait until end-August-2016..... dun expect much activity till then. :)
the Definitive Agreement to be signed within 2 months, with another 1 month extension. Now only almost 1 month...... patience and once the agreement has been finalized, everyone will be chasing this counter...... for contra players, avoid this counter until then. for investors with no holding power, dispose and enter again in a month's time if still interested
relax, once investors see that mother is not just a spike, it will start moving faster than mother, accumulate b4 it is too late.... :) invest at own risk
rumours had it that appointment has been made to sign the Agreement. Repeat, just rumours. If this is true, can safely assume that the deal will go thru, then just a matter of time before this counter will fly :)
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....
WhoKnows
778 posts
Posted by WhoKnows > 2016-06-09 15:34 | Report Abuse
mother has stabilized, just a matter of time that son will move