Until today we had TGWO certaintiesDeathTaxesAs we were retiring...

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Michaelirish

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15/10/22

10:04

Post #: 64213272
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Originally posted by friendlydwarves: ↑

Just one week on and they must have:
1. been utterly roasted with terrible feedback; and
2. already formed the view that the vote is doomed to fail unless something changes drastically.

But even with this change it's still a shite deal for CD1 and CD2 particularly, and only very slightly less shite for CD3. Key residual issues off the top of my head:
1. If the funds all retain the status quo, 1/2/3 holders will get a big fat payment in the near term. If the merger occurs, we all get zip till Dec 2023.
2. The redemption funding - and, again, they're still only planning to commence redemptions from Dec 2023 - will largely come from 1/2/3. Holders of 4 will hugely benefit from a merger, to the detriment of 1/2/3 holders.
3. E&P will still be pillaging us for FEES FEES FEES FEES FEES NOM NOM NOM GIMME MORE FEEEEEEEEEEEES.

I can't see any way that they could adjust the deal to make it a good one for any of 1/2/3.

VOTE NO!

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Until today we had TGWO certainties
Death
Taxes

As we were retiring for the day, we got another.

E&P will still be pillaging us for FEES FEES FEES FEES FEES NOM NOM NOM GIMME MORE FEEEEEEEEEEEES.

You posted you wrote to Mr Stuart Nisbett......about the proposal. Did you get a reply?
CD3 Price at posting: $1.35 Sentiment: Hold Disclosure: Held
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Last $1.18		Change 0.000(0.00%)		Mkt cap ! $84.99M

Open	High	Low	Value	Volume
$1.19	$1.19	$1.18	$66.37K	56.25K

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No.	Vol.	Price($)
1	11360	$1.17

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	11360	1.170
3	21248	1.150
1	1854	1.125
2	10000	1.120
1	6144	1.110

Price($)	Vol.	No.
1.180	500	1
1.220	5151	1
1.235	18269	1
1.240	2546	1
1.250	21450	1

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