| Latest Forum Topics / InnoPac |
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Innopac to follow Blumount Trend.. 0.20 soon
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ysh2006
Supreme |
15-Jul-2013 11:43
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Innopac after 70%  can't RTO Diamond, will they return the share to Diamond SH ? ... | ||||
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Octavia
Supreme |
15-Jul-2013 09:44
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Innopac’s offer on Merlin Diamonds has lapsed. Grp note that as at the date of this Announcement, the total acceptances received by the Company is ~72.73% and the Merlin Convertible Notes remain unconverted. The Directors of the Company have considered (1) the implications of having to keep MED’s listing on the ASX, (2) the potential dilutive effect of the Merlin Convertible Notes on the MED stake that the Company would have acquired, if these outstanding Conditions were waived and (3) the need to increase the Offer Consideration if the Company elected to further extend the Closing Date. Having deliberated on this matter, Innopac has decided not to waive these critical offer conditions and have allowed the offer to lapse. As a result of the lapse of the Offer, Innopac, no longer has any interest in any Merlin shares. | ||||
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Tomique
Master |
10-Jul-2013 16:39
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One reason why Innopac may fail in one of the terms that requires 90% acceptance by shareholders of Merlin Diamond.   Last week it had less than 70%, this week added less than 3%.   The deadline is only a week to go.   Difficult lah.   So if you bought because you thought the acquisition will do Innopac good, then it is going to disappoint you.   What to do?   Of course sell. | ||||
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Tomique
Master |
10-Jul-2013 16:35
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Innopac will not succeed in the takeover because it is not easy to get 90% of acceptance by shareholders of M Diamond. So, it would go back to where it came from, obviously!!!Enjoy!! | ||||
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isaacsgx
Elite |
09-Jul-2013 21:00
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Looks like can scrap this diamond.  No carat one!  Left 3 days only, so far only 68% accepted the offer. | ||||
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librajet
Elite |
03-Jul-2013 12:39
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dont see big seller, stable ?
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librajet
Elite |
03-Jul-2013 10:56
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No more big selling??  
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FearValueGreed
Master |
01-Jul-2013 23:05
Yells: "Long Term Timing X Capital = Well Deserved Payout" |
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The only reason if they raise its offer is thatthe founder of merlin wants to ensure his share bought at innopac is not screw.
But again raising the price really outprice itself. Does meant sense fundamentally. At 24 cents previously . Already fully price in
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ysh2006
Supreme |
01-Jul-2013 16:21
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See Innopac in two weeks time at hill 16.6 min & re-org, than charge to hill 26.5  to dig  in Diamond trench.
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librajet
Elite |
01-Jul-2013 16:15
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Sold, sellers keep coming out, better take coffee $$$ 
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librajet
Elite |
01-Jul-2013 15:48
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Sellers too strong, hard to break 0.127-0.13
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librajet
Elite |
01-Jul-2013 14:55
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Let tear down Blk 130 haha
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seanpent
Supreme |
01-Jul-2013 14:53
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will it test 140 tomorrow ?    if it does, will the rest of laggard pennies continue their recoveries ? | ||||
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librajet
Elite |
01-Jul-2013 14:37
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bit of blocking at 0.127, tear it down!!!! haha | ||||
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pauming
Member |
01-Jul-2013 12:04
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There is 80 millions married deal at 0.115 today.  hope it is a good reversal sign. |
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seanpent
Supreme |
01-Jul-2013 11:40
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towkay FVG ... what's your take on raising offer ?  seeking your expert view .....
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seanpent
Supreme |
01-Jul-2013 11:37
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yup ..... it's rallying powerfully back ..... pennies play returning .....
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ysh2006
Supreme |
01-Jul-2013 11:29
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With the Investor Central  report seem Innopac sure can get through the RTO during the voting .... Big  BB all support , minority share holders stand aside lah, don't block their money coming in....
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novice_trader
Elite |
01-Jul-2013 10:22
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Short at opening but Take cover to early... Still got chance for round 2? | ||||
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ace333
Supreme |
01-Jul-2013 10:21
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give u such a nice px to SHORT.........LOL
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