PIL@64cents
Thank you dydx san.
I'm in 100% agreement with you.
I had been monitoring PIL every trading day and it's true that PIL had remained at the 65 cents level.
EMET Grace Ltd will definitely made another attempt to privatise PIL and I'm very sure the term likely will be better than 65cents.
PIL is financially sound with large cash reserve and I had to agree that any measure to improve financial return eg. given out large dividend etc will be welcomed by all shareholders.
We are all in sync.
Question is what would be the incentive for Jeffrey and team to encourage OPMI holding dearly to their* shares?
* "their" refers to Jeffrey and team. Eventually, when privatised successfully, all PIL shares would belongs to Jeffrey and team.
Especially if Jeffrey and team has the need to privatise PIL as quickly as they could to capture the up-and-coming sustainable energy trends, why would they want to incentivise OPMI to hold on to their* shares?
That's my thought went I figured out that Jeffrey and team won't be able to get the mandate for compulsory acquisition and sold out in the market.
Moving forward, I had to agree with you that PIL price will move up and move down, depends on the demand and supply.
As time go by, I wish all PIL shareholder good luck.
From their past performance/action, we know that Jeffrey and team is very smart.
They know what they want and the question is how they want to achieve their objective.
I hope it would be a win-win for all (including OPMI).
Delist is definitely coming and hope it come soon.
Thank you everyone for helping me in PIL.
It's a great investment journey for me.
Gratitude.
Thank you dydx san.
I'm in 100% agreement with you.
I had been monitoring PIL every trading day and it's true that PIL had remained at the 65 cents level.
EMET Grace Ltd will definitely made another attempt to privatise PIL and I'm very sure the term likely will be better than 65cents.
PIL is financially sound with large cash reserve and I had to agree that any measure to improve financial return eg. given out large dividend etc will be welcomed by all shareholders.
We are all in sync.
Question is what would be the incentive for Jeffrey and team to encourage OPMI holding dearly to their* shares?
* "their" refers to Jeffrey and team. Eventually, when privatised successfully, all PIL shares would belongs to Jeffrey and team.
Especially if Jeffrey and team has the need to privatise PIL as quickly as they could to capture the up-and-coming sustainable energy trends, why would they want to incentivise OPMI to hold on to their* shares?
That's my thought went I figured out that Jeffrey and team won't be able to get the mandate for compulsory acquisition and sold out in the market.
Moving forward, I had to agree with you that PIL price will move up and move down, depends on the demand and supply.
As time go by, I wish all PIL shareholder good luck.
From their past performance/action, we know that Jeffrey and team is very smart.
They know what they want and the question is how they want to achieve their objective.
I hope it would be a win-win for all (including OPMI).
Delist is definitely coming and hope it come soon.
Thank you everyone for helping me in PIL.
It's a great investment journey for me.
Gratitude.
