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12-10-2017, 11:36 PM
#2081
Member
Did you vote against it Digger. I did but I only have 200000 shares.
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13-10-2017, 07:37 AM
#2082
Originally Posted by freddagg
Did you vote against it Digger. I did but I only have 200000 shares.
yes ,but my vote never seems to make a difference
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13-10-2017, 12:28 PM
#2083
Originally Posted by digger
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?
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13-10-2017, 03:45 PM
#2084
Originally Posted by 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
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13-10-2017, 05:25 PM
#2085
Originally Posted by fish
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
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20-10-2017, 07:30 AM
#2086
Originally Posted by digger
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?
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03-11-2017, 01:30 PM
#2087
Member
Originally Posted by fish
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?
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03-11-2017, 02:21 PM
#2088
Originally Posted by Alz99
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 !
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19-01-2018, 09:20 PM
#2089
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.
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19-01-2018, 09:23 PM
#2090
Originally Posted by 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.
I got my cheque a month or 2 ago... (i cannot remember exactly as it really was that long ago)
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