InnoPac
Innopac to follow Blumount Trend.. 0.20 soon
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Positive News?
UPDATE ON THE PROPOSED TAKEOVER BID FOR UP TO 212,147,063 ORDINARY FULLY PAID SHARES REPRESENTING THE ENTIRE ISSUED AND PAID UP CAPITAL OF MERLIN DIAMONDS LIMITED (THE “PROPOSED TAKEOVER”)
CHANGE IN ACCEPTANCE PERCENTAGE AND SUBSTANTIAL INTEREST IN THE ISSUED AND PAID UP CAPITAL OF MERLIN DIAMONDS LIMITED
Let's hope that  today will start the uptrend all the way till 28th ...
Today 15c supporting , but doesnt look like can reach 16c by end this week. of course hopefully am wrong 
By 28 june.... we should be able to see 0.193-0.205 range.... a long green bar coming soon.... 1-2 cents gain :)
ysh2006 ( Date: 17-Jun-2013 13:07) Posted:
Can Any Forumer please  help to calculate this Innopac theortically price with Diamond ?...Today this stock rebound loh...can be continued ?..
ysh2006 ( Date: 17-Jun-2013 08:21) Posted:
If Diamond shareholder don't want to exchange share with Innopac, can Innopac forced them if they only got 67% ?.. Can help to calculate 1.67 : 1  Diamond share is  theoritically how much for Innopac share worth at present value....
Thank |
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Can Any Forumer please  help to calculate this Innopac theortically price with Diamond ?...Today this stock rebound loh...can be continued ?..
ysh2006 ( Date: 17-Jun-2013 08:21) Posted:
If Diamond shareholder don't want to exchange share with Innopac, can Innopac forced them if they only got 67% ?.. Can help to calculate 1.67 : 1  Diamond share is  theoritically how much for Innopac share worth at present value....
Thanks
wanawin ( Date: 17-Jun-2013 00:05) Posted:
tmr down some more til  0.12ish |
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boss...i tot u re a technical guy...
stockmarketmind ( Date: 17-Jun-2013 08:55) Posted:
The fundamentals don't exactly link with the price. Take care of your losses and the rest will take care of itself.
jomini ( Date: 16-Jun-2013 00:35) Posted:
i think u should be more concerned about the big paper loss u re sitting on... |
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The fundamentals don't exactly link with the price. Take care of your losses and the rest will take care of itself.
jomini ( Date: 16-Jun-2013 00:35) Posted:
i think u should be more concerned about the big paper loss u re sitting on....
ysh2006 ( Date: 15-Jun-2013 20:53) Posted:
Will Diamond share holder agreed to exchange share with Innopac ? Closing date 28 June 2013.. |
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If Diamond shareholder don't want to exchange share with Innopac, can Innopac forced them if they only got 67% ?.. Can help to calculate 1.67 : 1  Diamond share is  theoritically how much for Innopac share worth at present value....
Thanks
wanawin ( Date: 17-Jun-2013 00:05) Posted:
tmr down some more til  0.12ish?
JarolLo ( Date: 14-Jun-2013 11:15) Posted:
support at between 0.120 to 0.122.
Very strange, today is the " green" day but this counter is down. dunt know what happened |
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tmr down some more til  0.12ish?
JarolLo ( Date: 14-Jun-2013 11:15) Posted:
support at between 0.120 to 0.122.
Very strange, today is the " green" day but this counter is down. dunt know what happened.
sk6666 ( Date: 14-Jun-2013 10:57) Posted:
Sir SMM, do you foresee any chance for its recovery |
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i think u should be more concerned about the big paper loss u re sitting on....
ysh2006 ( Date: 15-Jun-2013 20:53) Posted:
Will Diamond share holder agreed to exchange share with Innopac ? Closing date 28 June 2013.. |
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Will Diamond share holder agreed to exchange share with Innopac ? Closing date 28 June 2013..
First they've to reopen the mine which  was left dormant since 2006 by the previous owner.
Two ways it could recovery.
Drop ridiculously or it announce n bring in real profit from diamond mine field.
wanawin ( Date: 14-Jun-2013 23:38) Posted:
any chance of recovery within the next 1 -2 mths? |
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If Towkay Loo the founder chairman of Kentucky (Innopac) were still around then maybe.
I remember during the cowboy-swinging days of SES when Kentucky was placed under restriction, Towkay Loo would would bring gunny sacks of $1000 bills to prop up his Kentucky share price.
Those were the days!
wanawin ( Date: 14-Jun-2013 23:38) Posted:
any chance of recovery within the next 1 -2 mths? |
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any chance of recovery within the next 1 -2 mths?
This coy one year ago was only 11/2 cents nia nia.
Towkay still has got a 9 bagger.
FishMeat ( Date: 14-Jun-2013 18:45) Posted:
Looks like major capitulations ... around where is the bottom  can play ? |
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Looks like major capitulations ... around where is the bottom  can play ?
Wow 10% is very substantial.Shortist tan tio.
could be merlin stakeholders selling causing more panic and public also sell. The fact of matter is I am out at 0.2. From 0.2 to 0.142 is a huge extra 60k loss if I hold on.
sk6666 ( Date: 14-Jun-2013 16:18) Posted:
Sir SMM, if really like what you said, who do you think are capable of absorbing these shares?? 
Incredible vol at 14.3/14.4 today . (Who is collecting??) 
stockmarketmind ( Date: 14-Jun-2013 10:53) Posted:
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What happening??, nor is very right even if it 1 2 down, down almost by-10%.