Synthesis Energy Systems Inc. (SYNE)

[StumpsOfMystery]

Wait, don't you mean DE-LISTING of its shares? Exit plan for who? Could you spell it out like I were a 12 year old? I understood BF shareholders would get 1 share for their 12.

Have you managed to find enough data to estimate how much those Batchfire shares are worth? When you say they are getting SES at $6 a share, don't you mean they are getting it at whatever SES's share price is that day. If SES gets delisted 12/05, as is at least possible, that is going to destroy the SP, at least temporarily.

And, given that, and assuming Batchfire shareholders have a bigger stake in following SES stock than the average penny stock enthusiast, wouldn't they be better off waiting until delisting ruins SES's share price? Or maybe holding out for a better deal on that basis.

I really don't understand why BF shareholders, other than those that are associated with AEF, would want to hitch their coal mine to SES's wildly fluctuating share price, high-interest debt, questionable Chinese investments, and commitment to an unsaleable coal-to-gas technology?

Most of the share price is being held up by feckless amateur penny stock traders. I very much doubt if a single one of them has been following the underlying issues. They are only doing TA, acting on the basis of TA 'gurus', considering SES to be an 'energy' stock, etc.

Anyway, I really appreciate at least ONE informed observer's comments. All of mine are my opinion only.