RE: My email to OPTI IR - Earlier TodayThis roller-coster ride is too much for me.......I'm going crazy and I don't know what I will do next.
Maybe camp outside of OPti and have a hungry strike to get the government involved--or just the press. Anything to get people to get a closer look at OPTi's book to see what is going on. I known the chinese are smart with numbers and especially good at dealing under the table (with top people involved) to get deals throught. Don't tell me this is not the case here. OPTI is giving this company away for peanuts and I voted NO. I'll stick to the warrants because I know in 7yrs time I will get my money back and more. CNOOC 's presentation told me how much values OPTI will has in 7yrs. and I rather wait for 7yrs than giving all away for .12
Also what happens to the Indians?? I thought they were looking for partnerships to combine money to beat the chinese. I just can't see them passed an opportunity/company like OPTI to the chinese.
Mr S and Lazard are very smart to conviced the bondholders to agreed to invest more money in Dec and offer shareholders warrants--(the whole work to make the balance sheet looks good now) --just to attract any buy-out so that the bondholders can get out before Dec. That's the whole plan. A very smart plan but if you can Get shareholders a better deal--you are the heros.
2.1 B = .12
2.2 B = .48
2.3 B = .85