Member Info for shamI89

What is confusing me is that they have not given any deadline where pi can trade in their existing shares for new ones, no conversion ratios and price has been given.it could go either way

It all depends on conversion ratio and book price of new lrl share.

Let's say if someone has bought some new shares today he wont be entitled to have any shares in new company

If current rise has anything to do with farm in, as they were to open data room for farm in partners in november but a CEO is to be appointed before that

Your money in case of farm in triple it in the case of doc if they start producing by June then I cant give u any figures

I wanted to get in but missed the chance due to lack of funds, now getting in as it has a vast potential to multibag and too good to let go, then my next pick would be omi,

I am tempted to buy in but waiting for appointment of CEO

Its worth waiting for another two months, with proven oil reserves and encouraging production results indicate a win win situation. I would try to increase my holding. Maddasgar political situation is getting back to normality.All of these factors bode well for Maddasgar oil. Good luck all. Another good factor is that price is stable, we are not seeing any volatility, which is a good sign.As I tend to avoid the share that attracts too many punters

I was told that farm in talk would begin in November, does anyone about exact date