PGH 1.35% 75.0¢ pact group holdings ltd

The bloke has been lying in the offer letter sending out to...

  1. 611 Posts.
    lightbulb Created with Sketch. 268
    The bloke has been lying in the offer letter sending out to shareholders. He stated (while sitting at 52% offering 68 cents to shareholders) that once he reached 75% he will delist it with conditions, but even by failing there, 12 months later, he will walk back to cast a special resolution to vote, but as he by then will have 75%, whatever voting opinion we all have, will not be count or relevant anymore. That is such a lie. The law stipulates that in such circumstances of delisting, in this case, his votes will be excluded because of his intention to not let himself be excluded.

    Also, his intention is to stop Pact from obligate itself to ASX and to materially benefits himself with delisting. These are all prohibited by ASX to put him in a vote. He lies, breaking the law, and you expect me to think he is doing it for better benefits? Hey man, the greater benefit is the ASX and the public investor here. You don't understanding the situation. You are suggesting people to sell the share they hold while you just trading and telling us to assist a guy in breaking ASX laws. Is this any common sense to people?
 
watchlist Created with Sketch. Add PGH (ASX) to my watchlist
(20min delay)
Last
75.0¢
Change
0.010(1.35%)
Mkt cap ! $258.2M
Open High Low Value Volume
73.5¢ 76.0¢ 73.5¢ $14.88K 19.73K

Buyers (Bids)

No. Vol. Price($)
1 2039 75.0¢
 

Sellers (Offers)

Price($) Vol. No.
77.0¢ 740 1
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
PGH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.