tpt takeover based upon fear?

Hi All

As a JKA holder what am I to do in response to this takeover offer?

The consensus of knowledgeable posters is that the offer significantly undervalues JKA. It is also clear that a majority of posters believe the offer introduces increased risks for JKA holders and changes fundamentals and the risk/reward matrix for JKA holders.

If the company is taken over then Aje maybe lost, without realizing potential value.

JKA holders, according to the posts here will lose if the acceptance is below 90% but above 50%. This prospect and the potential scenarios from this outcome frighten me.

I know that fear and greed are the two emotions that cause stocks to be over sold and over bought. The offer seems IMO to be based upon the fear that alternative funding on acceptable terms cannot be found for JKA.

Now I know that when I'm feeling fearful this could lead to an irrational investment decision. I need to be careful. So what do I need to do? I need to step back and think calmly about this. Is it rational that alternative funding on acceptable terms will not be found? Is it rational that the SP will collapse and not recover if the takeover does not proceed? IMO I think not.

IMO the safest course is to reject the offer and say goodbye to TPT.

Regards,

Chilloutman

There are risks with O&G stocks so please do your own research or get professional advice before making investment decisions.