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29-10-2014, 04:08 PM
Thanks for sharing your views.
I am indeed curious on the purchase price by Hummer at such a premium. The initial delay follow by the extension has probably raise the eyebrows on those vested, at least me. Just have to keep finger cross anyway.
The FY results should be good (cos of the sale of shares). Dividends... I think that will depend whether they can complete the sale of the third tranche before announcing results.
I am indeed curious on the purchase price by Hummer at such a premium. The initial delay follow by the extension has probably raise the eyebrows on those vested, at least me. Just have to keep finger cross anyway.
The FY results should be good (cos of the sale of shares). Dividends... I think that will depend whether they can complete the sale of the third tranche before announcing results.
(29-10-2014, 03:33 PM)sgpunter Wrote: No I could not find anything on Hummer Investments or the principal, Mandias Sintesana, either.
In my view, there is a distinct possibility that the Sales and Purchase Agreement may not go through but that's just my guess. There could be something brewing as well since in the first place, Hummer was bothered to enter into this agreement and all at $0.30128. Nobody knows.
The third tranche probably not sold yet and i guess that they may be waiting for better market conditions or price.
In any case, I am looking forward to the full year result and my guess is there should be a dividend declared.