[quote=VituVingiSana][quote=guru267][quote=VituVingiSana][quote=guru267][quote=VituVingiSana]@mwanahisa - If the GoK sets the conversion ratio based on 190/- per share... We should sue!!! I think it should be closer to 400/-...
IMHO, we are better off having Preference Shares then converting at less than 300/-...[/quote]
@vvs how can they convert at 300 if it hasnt traded at that price [/quote]The reason I bring about the 'suing' bit... and I hope I can get support...
1) It is the way GoK has gone about the Conversion Process that has kept the share price down
2) If there was a clear-cut formula then we would not be speculating
3) GoK is playing both sides! They are the seller (thru control of KPLC Board) & the buyer!
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@VVS if the conversion was made at 170 then the fair value of KPLC at sector P/E would be 320
For someone who bought way below 200 why are you complaining??[/quote]
1)I also bought more at 210/-
2) So what if I bought at less than 200/-? I did not buy them so someone/GoK offers a little more... I bought coz I saw the 'true' value being much higher!
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So i guess it will be my vote against yours at the AGM :-D :-D
Mark 12:29
Deuteronomy 4:16