how many will write to asic, asx T/over panel.??, page-6

Hi Chass


""What chance do we have now of selling , are they obliged to pay us out ?""

I DIDN'T SEE ANY QUESTIONS IN EARLIER POSTS..LOL

they need 90%+ to take over Nido. as per previous announcement 4/8 annocement.

the thing is they have reached 75%+.

the have the option of de-listing the company, running it as a subsidiary BCPE Singapore.

the rules sort of state they "can not disadvantage remaining share holders".

there is another good option "de-list here & IPO on the Singapore Stock Exchange".

SSE overall have a good reputation, especially with oil/gas companies. they get valuations pretty spot on.

more than likely stay here for now.

trading today will be from bids & buys. offer has closed as of 7pm on Friday 3/10. any late acceptances will be retuned.

I'm limited as to what I can say as I have prepared documents for ASIC, ASX & Takeover panel.

..