Thursday, November 15, 2007

** STOP THE PRESS ** WSE update on Midas!!

Well, here it is. I called it!
Supplemented with a letter from the CEO, Chairman, the announcement goes further into the details and should be the final nail in the coffin for the whole saga.
The details of the liquidation to WTFs is reiterated detailing the NTA increase due to the removal of the shares owned by Midas Commons.

One statement of particular interest, that rebuts many blog and forum entries I have read from the other side about the takeover allegations: "The WSE Traders Fund shareholders own former Midas assets not HCL or the WSE."

Open for more comments here, but looks pretty open and shut now.

Chat to you all soon,
Logansan Oh
- CEO, Chairman


ps. SW is back shortly...might even get a market overview out of her!! Fingers crossed

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