Any thoughts as to whether NZO could get an answer - they should have a bit of sway being a major shareholder... Since they seem to be ignoring everyone else.
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Any thoughts as to whether NZO could get an answer - they should have a bit of sway being a major shareholder... Since they seem to be ignoring everyone else.
I have phoned again and told i will get a response to my email later this afternoon. I will post the response when i get it. I also phoned Veitnam but due to a lack of my global language capabilities I was unable to get any further than the receptionist.
I received their email 2 minutes ago:
Clear now??????????????????????????????
Dear Shareholder,
Your email refers.
PPP is a publicly listed entity on the ASX and NZX and is therefore required to comply with the relevant continuous disclosure obligations and as such is required to immediately advise the market of any information that the Company receives which a reasonable person would expect to have a material effect on the price or value of the Company's shares. PPP has already reported as much information as is available with respect to PPP's investment in Vietnam and as soon as PPP becomes aware of any additional information which it is required to disclose it will release this information to the market.
Regards
Marianna
Could it be that they , just as us, don't understand what has happened or is going to happen?
OO
I have also sent an email to them trying clear up my theory the preemptive rights are the same as the back in rights.
I also just got the same standard response as oldowl. At least it came back quickly - probably on autoreply.
Hi Marianna,
Kindly advise what is the effect on PPP’s announcement yesterday. Very ambiguous and vague much like the rest of the announcements for this farm in agreement.
If I can’t get an answer straight away when can we expect some comment from Tom?
Their Response
Dear Mr ......
Your email refers.
PPP is a publicly listed entity on the ASX and NZX and is therefore required to comply with the relevant continuous disclosure obligations and as such is required to immediately advise the market of any information that the Company receives which a reasonable person would expect to have a material effect on the price or value of the Company’s shares. PPP has already reported as much information as is available with respect to PPP’s investment in Vietnam and as soon as PPP becomes aware of any additional information which it is required to disclose it will release this information to the market.
Regards
Marianna
My response to their response
Dear Marianna,
With all due respect, I can only come to one conclusion and that is PPP itself do not know what is going on. If Tom and the management don’t know then how do you expect us shareholders to know.
I see this as a poor reflection on the company and its management. I certainly hope that there is a better response in the not too distant future.
Best regards,
.......
Send them a link to this thread. They may learn something.
Thanks Nita,
Your responce is as i expected and probably explains why i have not bothered. PPPV is an added extra a bit like the belief in the gold and rainbow thing. Would hope no more than 2 cents are added to the SP from Vietnam. East timor sounds a lot better arrangement. Why in hell anyone would sign up to drilling someone else well is beyond me.In fact the info as we have it makes you wonder about the way some people think. Keep this up and we better start some changes at the top. AGM coming up on 14 NOVember.
Your welcome Digger. At least it should make it an interesting AGM this year.