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I feel like the chinese company wouldnt care about the extra...

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daniel99

365 Posts.

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01/12/17

21:26

Post #: 29306945
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Originally posted by Nightmarez3k ↑

The first scenario is probably easiest for the company.

Then comparing what each person had at entitlement time and did pro-rata.

Also question is pro-rata based on entitlement date to today? What is fair or not is arbitrary what is easiest is probably most efficient. Time vs money.

As people say they already decided to screw us in the SPP. Why would they bother to be equitable.

Probably even easier way would be to give everone the shares they want. Be fully funded.

Piss off the Chinese with the registry now inflated with more shares. Thus forcing Chinese to pay more at 71 cents.

That or lower bid and fail.

Maybe this would be their strategy.....so we all get what we paid for. Management get heaps more money and keep jobs. Not to mention easy to print shares then prorata and scaleback work.

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I feel like the chinese company wouldnt care about the extra shares if they were buying the whole company at 71c. From reading their letter I got the feeling that that was what they were hoping for - enticing all small holders to take up the SPP and then get the deal done at 71c....

AWE Price at posting: 70.0¢ Sentiment: None Disclosure: Not Held
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