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email us with your intentions at: corporateactions@igmarkets.com.au
Thanks Analyzer, so we do still get 68p per share in a hard cash payment plus .235 zinnwald for each one we owned at offer date?
Jadee You will get Zinwald shares in specie so the price at offer date or distribution is doesn’t matter in simple terms if you were due 100 shares at x p you will get 100 shares at x plus or minus p. You will only get Zinwald shares if you are a holder at close of business 6pm today.
Cash acceptances will remain open
are those cfd accounts… you don’t hold shares if so… so no need to accept…
Offer unconditional means that you will now get 67.5 cash per Bcn share you hold + .23589 Zinnwald share for each Bcn share. If Ganfeng gets more than 75% acceptance they will delist and carry on as a private company.
So if its just zinnwald shares given would that be at today's price or the higher price when the offer was made?
Again, forgive the latecomer enquiries but does anyone have a read on how this is likely to affect SP? Family invested and concerned today..
Now speaking with IG. 1 person says we should have had an email and the other says you need to ring in and would not had an email.
Same here, never received the offer or any email from IG. Send an email few weeks back with no reply, useless.
I should let you know if I find something of interest
C
Really, well I would equate it more to a loads of men’s parts mr ;
I thought we were offered 68p in cash plus 2.3 of a share in zinnwald also, you are saying no cash and just shares to the equivalent in zinnwald?
Bacanora. You were sold down the river by a hopeless CEO. RIP.
So I take it, whether we accept or not, Ganfeng will get this across the line?
the cash offer will remain open for acceptance until further notice…
So cash offer just meant value of shares in bcn given in zinnwald as of the offer date?
Thanks in advance
no cash… just zinnwald shares…
Sorry 22nd
So is cash distribution on the same date , ie 23rd?
Does anyone else use IG.com? I have Bacanora in there and have never received the offer!
record date… 17dec…
ex-date… 20dec…
distribution date… 22dec…
merry christmas from ganfeng and the bcn bod… lol…
Does anyone have an idea when shareholder's will be paid out?
Thanks in advance
wrong date sorry… *11nov = 03dec…
acceptances required to delist @75%… 4,243,466…
acceptances required to revert to a scheme @82.22%… 31,978,728…
acceptances required to cpo @90%… 61,865,201…
non-ganfeng shares still in market… 100,279,691… (26.10%)…