so where does that leave me?, page-7

"Monitor?s voluntary suspension from quotation will continue until such time as it is in a position to
make a formal announcement in relation to the planned capital raising, appointment of the major
global investment bank and finalisation of the binding SPA. This is anticipated to occur prior to 21
December 2010"

I would anticipate the announcement on Monday, but perhaps after close?

It would appear we will begin trade at that time. Their will be a period of uncertainty as shareholders will need to approve any proposal.

Having said that, it is also what protects shareholders from a dud deal. Would you approve a o.2c raising? NO. They know this and must make the deal rewarding for new investors, but provide some upside for existing holders.

Slightly balanced by the fact MHL are probably dead if you vote NO.

Your breakeven point of 0.7c is not that high in market cap terms for what we know about Trinidad.

Hopefully we get Monday night to mull over the details before trading on Tuesday.

I wish everyone the best of luck.