PGH 0.00% 84.0¢ pact group holdings ltd

Ann: T/O Panel: PGH Acting President Makes Interim Order, page-38

  1. 581 Posts.
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    It could be Easter holiday? I checked the media releases on TOP website, while the decision is independent, but I noticed a few things,

    a) In simple cases, the timeframe is very short (1-2 weeks) and usually, it may lead to decline to conduct proceeding or declines to make a declaration.

    b) But the longer time period, while the decision varies, it means the case is more complex (in some cases, due to multiple applications to one case issue) it could take between 1-2 months to reach the decision.

    I remembered in early January, I got told by one source, told me 'Look, you can say whatever you want, but I promise you by Easter, 100% RG is going to win. Just you watch'.

    I was very angry back then and 3 months have passed, thanks to all shareholders' supports, we are here at Easter, guys. Does it look like RG is winning or desperately tried to email and send out letters to people's door here? I haven't received the letter like Nuts have, but I think either it comes late or RG wanted to cut some postage fees (just like his low-ball offer) so he tried not to send to some 'particular' individuals.

    So, I think while we want to know the answer soon enough, but may be because by miracle, this case has leaded into complexity and it could give us a chance to win at TOP. The procedure is the TOP decides to conduct proceeding first and then decides whether to make declaration or not.

    As the time stretch out, hopefully, it gives us the the better chance at TOP and also for any one that got a bit of cash to load some in.

    I hope we win, but sadly, I might not have the chance to see the person who told me Easter is Armageddon again. Oh well, at least, I won that bet, By Easter huh?

    My opinion.
    Last edited by williamteddy: 29/03/24
 
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