21 March 2012 Hibiscus Petroleum Bhd Receives Shareholder Support for Qualifying Acquisition 23 February 2012 Hibiscus Petroleum Bhd notice to Holds EGM On 21 March 16 February 2012 Hibiscus Petroleum's Qualifying Acquisition Receives SC Approval 25 October 2011 Hibiscus Petroleum Bhd enters into agreements to acquire assets in the Middle East for US$55 million 25 July 2011 Appointment of Roushan Arumugam as Non Executive Director 15 July 2011 Listing 30 June 2011 Hibiscus Petroleum Launches IPO Prospectus
Cliq-Wa : Based on company info EGM Cliq Energy will be on 22 July 2013. Comparing to Hibiscus EGM is on 21 March 2013 [7/8 months after listing and 4 month after announcement of acquisition]. 1st company need to announce on Acquisition news then 2nd get SC approval and 3rd hold EGM to get support. If Cliq EGM is on 22 July 2013 then the Acquisition news should be much earlier. Or this EGM is for other thing? Wait and see...
hiya. maybe there is nothing to worry about. personally this spac game is too risky for me. but many many players CREAMED with this counter.
no profit track record. plus no dividends. plus highly paid managers. plus oil and gas industry (i rarely if never invest in o&g) equals no go for me. doesn't mean you can't make money. no o&g is just one of my personal restrictions to control complexity and minimise risk.
Mother share up, warrant also will go up. Cant really tell when exactly but worthwhile to hold.Buy n lock it n dont think about it becoz it will definitely go up...up up and away!
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....
yahoo80
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Posted by yahoo80 > 2013-06-03 11:34 | Report Abuse
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