mrfridge, Re:MorNorth
Westlake is a holding company for DIS Co Ltd (both founded by DIJ's CEO, Hemmi)
Before the share exchange completed (with the investors(Vision) that DIJ was acquiring MorNorth for) DIJ terminated the DIS subsidiary because it's function was served in delivering DIJ's interest in MorNorth to the new owners,imo. I get a little sketchy on when MNMH stopped trading and at what pps but since yesterday VNNL.pk is quoted at........ (1.25 x 2.25) 0 volume
VNNL was RS 35.22:1 (9/9/05)
I'm not going to speculate into the value of that merger to the longs because I think it's irrelevant here. What is important is what DIJ brings to this shell and the underlying value to us in a share exchange. They will need to fs this to get it off the reef and back into deeper water (we need liquidity) That's not to say they couldn't rs us out of our positions before doing that but let's not talk about that.
I do think it's likely we will see Westlake in this exchange. Interesting article there in post #42 imo
Just a couple of thought from a polka bum. DYODD
imo
Do your own due dilligence. Never buy or sell securities based on non-professional advice from the polka community.
