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9.0¢ spookfish limited

I believe there is a lot more upside to the price of SFI and am...

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donos

993 Posts.

114

16/10/18

11:43

Post #: 36137855
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Originally posted by substanceonly: ↑

There has been a post some time back asking for everyone's voting intentions....it would appear now there is no question that the numbers of shares voted will exceed the first hurdle of 75% of the votes cast on the resolution. The question I have is what is the current mood of investors...and what is the likelihood of the second hurdle "more than 50% in number of the target shareholders voting on the resolution (in person or by proxy)" being met?

I was originally of the view that we should vote No...but am now of the belief that the commercial transactions between EV and SFI are such that SFI has no plan B. If the SoA doesn't go ahead..SFI is left with weak contractual rights with EV going forward...and in fact the share price would suffer significantly. I also don't believe the royalty upside is as much as shareholders were hoping for.

Please indicate your voting intention?

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I believe there is a lot more upside to the price of SFI and am severely disappointed with this lowball offer.

I have a 1.25 million of these and will be voting 'no'.

SFI Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
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