Re Fec
Miftee good post ...and yes some good points...except for a few.... 1.Fronterra could have given us a 30%premium and took us out at $1.30.. 2Accordinding to Taal this could have been manipulated down to .50 and offered. 75 Don't ever remember stating that. What I did state was that Fronterra was involved in controlling and manipulating our share price down so that any deal that was struck would look good....other than a take..out Now I assume that the C block is worth much more after Kawa than before... So how would Fronterra justify to minority shareholders that .75 or $1.30 would be a fair price on a take..out When Fronterra Orchastated to obtain All of the previous Rights Offering prior to Kawa ..Spending over $73 million at $1.63..... I think they purposely messed up the news release on the API of Kawa...Instead of that being a Postive release with low Sulphur and density the accentuated Plugged and Abandoned which sent our price from $1.94 to $1.38 that same day....and we never recovered...Do you think that was all by chance??No Fronterra has been taking advantage of Cgx from day 1...Like Waitingstill mentioned Fronterra could have taken out Cgx many times and if they could they would have...Something or someone prevented this from happening...So Fronterra has done the Next best thing... It is what it is Minority shareholders ALWAYS get the shaft....If it wasn't for Cgx helping Guyana many years ago ...we would Not exist today...I think we will be fine in the end and do believe Wei ..will be the end But could have been Much better..GLTA