SPT 0.00% 7.5¢ splitit payments ltd

The Next Chapter, page-3695

  1. 1,042 Posts.
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    i agree with your move here as even if share holders are tricked here further by downrampers there is no situation where we get nothing and if you believe in the merger and in the figures and targets this will do well for the patient

    i note a point under key terms of merger agreement..
    sub tittle merger consideration.

    each company ordinary shares ... that are outstanding at the completion of the merger shall be assumed by the parent and automatically convert into the same equivalent securities on the Parent on a 1:1 basis..

    this is a bit miss leading through as could be referring only o the the "temp shell company" to which is dissolved.

    much better to have a known and declared exchange ratio so we know where we stand? even if someone could ring and ask the type, is it a premium buyer type? fixed with collar? floating with collar? at least then we could guess... just left in wind haha
 
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