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Distribution and Warehousing Network Ltd. – DAW


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#1 Midas1

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Posted 01 February 2019 - 05:51 PM

so why me bester resigning i wonder? http://www.sharenet....01172200&seq=48
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#2 Midas1

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Posted 30 January 2019 - 03:45 PM

Trust me try daily...1150000 shares worth 12 k now..biught ar 2c thought was smart move :unsure:
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#3 Polly

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Posted 30 January 2019 - 03:42 PM

Now i want scream...gone all way po for register letter to get a circular from ### dawn , bad enough 1c offer now they waste further shareholders money !!!

thats why u need to change your broker. Its all electronic nwo with the professional brokers...send u an email with info...no more registered post..

 

BTW try to sell on JSE @2c to get out....this way ull make 100%.. :D


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#4 Midas1

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Posted 30 January 2019 - 03:39 PM

Now i want scream...gone all way po for register letter to get a circular from ### dawn , bad enough 1c offer now they waste further shareholders money !!!
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#5 Midas1

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Posted 21 January 2019 - 04:56 PM

As predicted vote was in favour of 1c purchase...im not selling on jse for 1 c on off chance the guy with 6 million changes his mind..and soneone else offers 2c...12k down as only bought 24k shares..but who likes loosing money...
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#6 Midas1

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Posted 21 January 2019 - 03:47 PM

Sorry 13 mil shares
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#7 Midas1

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Posted 21 January 2019 - 03:45 PM

Quite lot movement 35 mil shares
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#8 Midas1

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Posted 21 January 2019 - 10:25 AM

Bit buying going on in dawn today...their meeting day..hoping their will be a coup
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#9 Midas1

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Posted 15 January 2019 - 08:37 AM

Fnb acknowledged they will vote against resolution's on my behalf...what ever happens id rather put my opinion in...im hoping 1c buyer gets cold feet..or cant raise finance
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#10 Midas1

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Posted 12 January 2019 - 05:25 PM

3 different resolutions to approve or not...ive said dont agree..something could still go wrong on deal and think shareholders even if minority should show their feelings and not roll over..IMO
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#11 Polly

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Posted 12 January 2019 - 12:21 PM

Guys dont even waste your time and effort trying to vote...They already have the 75% required to do the deal...

 

 

Done deal....you will be paid 1c finish and klaar...nothing else you can do...


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Trading is one of the only fields where genuine con artists/scammers will urge you to “be careful of con artists/scammers.”


#12 Midas1

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Posted 11 January 2019 - 05:27 PM

The dont know bit made me laugh
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#13 Midas1

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Posted 11 January 2019 - 05:19 PM

Your platform should email you..fnb did and said object, agree snd or dont know....email your people and ask...
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#14 realkingkam

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Posted 11 January 2019 - 05:14 PM

NBNB DAWN..they have contacted through fnb shareholders can vote...shareholders please use your voting rights ! Time limit 21 january

How do we vote
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#15 Midas1

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Posted 11 January 2019 - 12:58 PM

NBNB DAWN..they have contacted through fnb shareholders can vote...shareholders please use your voting rights ! Time limit 21 january
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#16 realkingkam

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Posted 08 January 2019 - 08:51 AM

Thank you for the updates Midas
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#17 Midas1

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Posted 07 January 2019 - 02:58 PM

Have just had the following reply as confirmation therefore will hold my shares and see what happens, have a feeling this deal wont go through and if the case and another buy could be very good..either way shareholders have at lease 1 c in the share so nothing to loose at this stage..........they said "

Yes, that is correct. In the event that the proposed sale to Polanofield is implemented, the company will be delisted and shareholders (who have not sold their shares prior to the respective date) will be paid an amount of 1c per share by Polanofield, who will then acquire all shares.

 


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#18 Midas1

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Posted 07 January 2019 - 02:31 PM

Response from Dawn today---My question to sharechat -Can anyone advise if the buyout takes place and company is delisted will the new owners have to buy my shares at 1 c a share or must I transact whilst they are still on the JSE....?   The buyout still isn't a done deal.

 

  1. Can I object to the purchase at .01 c a share and if so please send me a document to object and where to email it to. There is no prescribed document to be sent but it is imperative that that you should strictly adhere to the requirements of Section 164 of the Companies Act. It is advised that you obtain independent legal advice to ensure compliance in this regard.

 

  1. If the sale goes through at .01 c a share and the shares are de listed from the JSE, may I have the option to keep my shares in Dawn even though it is no longer listed. Again how would I proceed. No, if the sale does go through there will be no option to keep the shares. Should the sale be implemented it will bind all shareholders, regardless how they voted. 

 


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#19 Midas1

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Posted 29 December 2018 - 08:58 AM

Theres docs on their web...ive asked fnb for advise re this but they told me ask daw secretary..im on hols and doc over 60 pages...but some kind vote..ill check it out when back...meeting of some sort on 21st i think...
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#20 realkingkam

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Posted 28 December 2018 - 05:29 PM

Think we can vote on 21st but will look into it further when back next week

Elaborate Please midas
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