"I would not want the options compensation to largely reduce the take-over price for my shares."
Hi Topwon,
Despite your personal decision to greatly reduce your options exposure, there are many minorities ( most of these are shareholders too, myself included ) that still have quite a large number of options, and I assume that most of us decided to keep them based on the fact that we as a group were ( and continue ) fighting for them, as part of an overall negotiation strategy co-ordinated by our leader / representative.
That strategy has not changed to my knowledge, and once the ML is done and dusted, it will be re-booted ... with the threat of our legal action against Nkwe as a last resort weapon.
Yes, of course if the options were to be re-issued, there would be a slightly reduced offer for the heads ... but that was always part of this overall plan ... Remember, that it was the options that kept Nkwe afloat instead of going bust, and holders still need to be ultimately compensated ( as well as shareholders ) for the dirty deeds we believe have been done against our interests.
You made your decision to sell, based on believing Zhilin Li's comments would most likely become the truth, as opposed to minorities eventually succeeding in our strategy ... You may ultimately be proven correct, although I still trust our leader to negotiate successfully for us.
But whatever happens from hereon, please don't be bitter or complain on these threads about a possible reduction in the offer price for the heads in the event of option holders getting their justice too ... Every one of the minorities will win in some way and to some degree if we succeed.
Wayne
NKP Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
