Personally I think they are taking a share swap, read between the lines on statements from KK attributed to the so called takeover... it mentions that the company needs this, employees are being told not to worry it will be good going, the minority shareholder is being told two things one the company will be more profitable and two we shall pay you a fair amount to leave as KK heads to canaan.... question is why dump me on the way?
Do you think for any reason that the majority shareholders are not going to canaan? or their canaan arrives with the buyout payment?
Listen to Segman speak and read statements coming out, they say everyone will be paid at the same price the majority shareholder is paid.... now think from this point... we are not privy to the discussion on price....what could prevent them from selling the company at 50, then stating that they agreed at 17/- or make them(minority) happy say 22/- manager their expectations by giving leads through the lead brokers that the fair value is 17 pay make-up of 5 and the minority will sing your praises.

My thinking is that we will make money at 17 and above but we are being short changed..... mnyonge hana haki....

The most stupid act which i have hated,is the cma supporting the exploiters in suspending the share thus preventing the small share holders who usually exit at times like this making their kill.

Kenol Kobil Stakeholder Advisory
As per this statement Puma Energy intends to pursue a 100% take over.Stakeholder Advisory Release KenolKobil here j.mp/K52vaP #Puma Energy From Sarkozy to Puma Energy The Star j.mp/JcnDOO

Do you want to say KK is worth 74B....I really doubt PUMA wuld fork all that cash.

My target is anything btwn 24-30 because looking at the assets alone, the company is worth about 46B...with a potential to grow the assets to double that in a few years.

What is troubling me is Why are the shares suspended by CMA for this long....it was a material announcement which I think a 1 or 2 days max could have been enough...I suspect KK is behind this suspension.They fear we wuld make alot more from speculation than from PUMA and that sickens me.

Ditto, simply cos I buy shares as retirement not to trade

And if KK is delisting, why is Segman still relinquishing the Chairman's role? Ama atairudia baadaye. Hehe

Yes it was EAPI. Just found it. sinanga uongo, its easy for me to say "i dont know"

BTW what would happen if a shareholder rejected PUMA's offer for his/her shares?

This would be misrepresentation and fraud.. I doubt Puma directors would risk jail time and damaged reputations just to swindle KK minority holders..
I mean how does it benefit Puma if theyve already paid 50bob for 80% Of the shares to try and con the minority??