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Ha ha and now you are on Twitter via Top Aim!
I assume this vote was taken at the meeting last Thursday hence why Lister on Twitter may have known about it. TA ended up at 6p. Clearly a massive vote one way. Just need to know bondholder condition but with such a vote in favour of it then bit of concern company doesn't seem to have done much to address it. Who will attend the formal meeting on Tuesday?
Good to know what bondholders want extra but overall muted reaction in Tel Aviv, currently 6p in our money so we are set for a10% fall. Suggests drop is due to another potential delay in getting agreement plus extra money being raised.
Coldspy - that looks the case as latest RNS has REZNIK PAZ NEVO TRUSTS LTD on the bottom and that may explain why RNSs from company are also in English.
This one is rejected despite company saying will raise more money:
1. The principles for an arrangement between the Company and the debenture holders, as proposed by the Company in a presentation published on January 9, 2019, include the Company's approval, as orally stated in the report meeting dated January 10, 2019, that the capital will be raised to $ 18 million Company ")
This one passed but cannot find the extra bondholder condition. So at moment company proposal will be accepted as long as bondholder condition is accepted.
2. Principles for an arrangement between the Company and the debenture holders according to the principles of the Company's arrangement, plus the condition proposed by the representatives of the debenture holders ("the principles of the arrangement with the conditions of the representative office"), as specified in the summons to the meeting.
On positive side he did say the shares would be suspended in Tel Aviv but not yet.
constituting 0.78% of the votes participating in the vote, voted in favor of the principles of the Company's arrangement.
Bonds A, which constitute 99.22% of the votes cast in the vote, voted in favor of the principles of the arrangement with the terms of the mission.
So what does "terms of the mission" me.
arrangement with the terms of the mission.
Currently 5.7p in Tel Aviv but on low volume.
Looks like they are raising $18m now- assume that is more than before.
https://info.tase.co.il/Eng/General/Company/Pages/companyMayaData.aspx?subDataType=0&companyID=002280&shareID=01131697
RNS issued in Tel Aviv this lunchtime seems to have been received badly. Seems to be report on voting at Thursday's meeting but need our Hebrew experts to translate.
agree BOD should take action. Irrespective of Levy and any legal action I find it rather disappointing that if we are meant to be a credible company they have Cassiopeia as their PR company - did they not do a bit of research?
I thought vote was on Tuesday. If any buying it will be more likely Monday afternoon or even Tuesday morning.
A flurry of small sells at 8:05 then a buy at 7p afterwards resulted in SP marked down and as say no trades for an hour.
Looking very good for your at least an extra 10% shares for your money, well done.
A few buys and move ask down a bit and then one sell and move bid from 6.51 to 6.16, clearly don't want Spike's money at the moment.
SP is unchanged from last night - 6.51/6.80 so at least not marked down today, first time in over a week. Just need Spike to buy to get ball rolling although doubt many will buy until Monday when we need to be over 8p to get anywhere after the Tuesday meeting.
The UK RNS was not about the meeting but extension of support from the Shareholders extended to 24th January.
Nice to see a bit of blue and almost all buys 6.61 plays 6.92 at moment.
50 minutes in and no trades but at least Ms forced to tighten spread and now SP effectively unchanged. Clearly nobody seem to want to sell at this level and Spike can still gain a few extra shares as well.
Instead old MMs have decided on a swift opening of the spread to ensure nobody deals. As Coldspy says, I doubt many are going to sell now especially at current 8.1p so expect SP will start to tick up on Friday afternoon but mainly Monday.