Pan Pacific Petroleum Nl (PPP)

[freddagg]

Did you vote against it Digger. I did but I only have 200000 shares.

[digger]

Did you vote against it Digger. I did but I only have 200000 shares.

yes ,but my vote never seems to make a difference

[fish]

I have 3 million of these shares. As I read the so called scheme only Australian shareholders can exchange for ZETA shares . The rest of us have to have to take the cash. In fact if as an non Australian you elect to take the ZETA shares you get them and then they sell them on your behalf all you get the proceeds. Not a good arrangement. Looks like your stuck with the cash of 3.8 cents.

what if you dont sell-can you seek independent arbitration and a fair price as in nz?

[fish]

what if you dont sell-can you seek independent arbitration and a fair price as in nz?

Digger i have only got a few hundred thousand of these and havnt the time to research or get legal advice.
With the number you have I would seriously look at the provisions in section 232

Minority shareholders have rights-including being bought out at a fair and reasonable price

[digger]

Digger i have only got a few hundred thousand of these and havnt the time to research or get legal advice.
With the number you have I would seriously look at the provisions in section 232

Minority shareholders have rights-including being bought out at a fair and reasonable price

thanks will do

[fish]

thanks will do

Only a few days left before we are told we have to choose between Zeta shares and cash.I cannot believe this is fair but we are dealing with Aussies and I dont know .I am trying to find out more through asb securities and am expecting a phone call today from Chris at ASB but will be surprised if I get an answer to all my questions.
Digger have you found anything out?

[Alz99]

Only a few days left before we are told we have to choose between Zeta shares and cash.I cannot believe this is fair but we are dealing with Aussies and I dont know .I am trying to find out more through asb securities and am expecting a phone call today from Chris at ASB but will be surprised if I get an answer to all my questions.
Digger have you found anything out?

any news or info you can share?

[fish]

any news or info you can share?

Sorry I decided I didnt own enough to really care.
My understanding is the default position is that you get Zeta shares.
Hence I have done nothing and expect to hear sometime that I am now a Zeta shareholder by default !

[digger]

My daughter decided to take the cash for her PPP shares. To date she has not got any money for her shares. Has anyone else had problems and are still not paid? Zeta claim they sent the money but not so or lost in mail.

[blackcap]

My daughter decided to take the cash for her PPP shares. To date she has not got any money for her shares. Has anyone else had problems and are still not paid? Zeta claim they sent the money but not so or lost in mail.

I got my cheque a month or 2 ago... (i cannot remember exactly as it really was that long ago)