WESTERN POTASH CORP T.WPX

Delist WPX?

[calgarytran]

With almost 70% in the Chinese's hands, what's the probability of the  Chinese making an offer and delist WPX? WPX is cheap.

[bmw4ever]

Good possibility, to delist all Old time shareholders at $.50. I have some at $2 , $1.30 $0.75 and below. There is a possibility to delist.  I hope not.     This hype last week could be also that  they are getting very close to List on Chineese stock exchange.

[thairat]

I don t believe in a delisting, could have done it before at a lower share price. Stating Bloomberg, Tairui is  Beijing Tairui Innovation Capital Management Co., Ltd. is a  private equity firm based in Beijing, China. https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=283187244 I would say that about 65% of wpx shares are not for sale, belonging to the

[calgarytran]

When the free float  is that small(around 35%), and the price that cheap (27cents), it's logical to delist; especially if financing is not a problem for the majority shareholders.

[Treadnimbly]

I have tested this too, however, the earlier buy in was at 75 cents so they would like to see returns above that which would more likely come from a Chinese listing with SP growth beyond that point. Now is a perfect time to list it as all the planning has come together. For the Chinese retail investor it is an opportunity to invest Outside China. GLTA.