Ann: Court approves convening of Scheme Meeting, page-9

If UUUU price stays below $5 USD up until BSE stop trading then only the dumb will pay 29c to 30c for BSE !!!!! But if it goes above $6 USD then it is different story as well !

The good thing (or bad) is that they got such a big time table which allows price for UUUU to adjust. Hard to predict where it will go but it is UUUU & FX rate that will be the way people buy & sell this stock not what it is worth based on future prospect of BSE as that will be transferred to UUUU if all goes well.

You get 0.026 UUUU share for each BSE share so to get 1 UUUU share you need 1/0.026 or 38.46 BSE share for 1 UUUU share. Now if you have option to purchase UUUU at $4.91 USD then why you pay 29c or 30c for BSE ?

If I really wanted to invest in this company (UUUU and hence in BSE for long-term) then I ask myself simple question. would it be better to sell put at $5 or $4 and see price trigger strike and then I own UUUU even at a lower price and if strike doesn't work then i get premium !

By the way UUUU published their quarterly in US on Friday and price still went down ... obviously people here can check what was in that report !