DFT datafast telecommunications limited

strange how the merger requires the approval of Datafast...

  1. 974 Posts.
    strange how the merger requires the approval of Datafast shareholders and not chariot shareholder aproval-anyway this is a bad deal for chariot holders and if not bad then not as good as it is for datafast holders. and this is what i read into it---------------------- ltes asume we buy 400000 dft tomorrow on market at 1.6 thats $6400 deal is done and for every 40 dft shares we get 1 cti given to us free so on 400000 thats 10000 cti we can sell on market the next day (after the deal is done and after they get issued) in todays cti price that ammounts to $6000 so efectively our 400000 dft shares cost us only $400, do you seriously believe this is a good deal for cti holders? i'm not sure
 
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