Lakes merge into the formal implementation stage today

 Salt Lake Potash (000,792) and the Salt Lake Group (000578) today announced the same time, on November 14 to 18, began to accept the and the dissenting shareholder cash option

According to the announcement, this February 18, reporting period is not suspended, the two companies since the declaration of the end times the stock of a trading day, the 21 February 2011 began the Special suspended until the conversion is completed merger implementation, potassium salt will be absorbed from the conversion merger Add tradable shares to resume trading day.

Do panic! The main force is still diving? Stuck with the stock is likely to have saved! March the stock market changes are likely to occur? Tug of war behind the hidden financial trends!
Is worth noting that since the Salt Lake Group 21 February 2011 began a continuous suspension until the completion of termination of listing procedures, so Feb. 18 will be the last trading day of the Salt Lake Group, the company shares from 21 listed the date of termination.

objection Salt Lake Potash Claim exercise share purchase price of 51.46 yuan / share, the exercise of the right of objection to the request the acquisition of shares equivalent to 51.46 yuan investors / stock price to sell shares and receive cash consideration. If investors buy shares in the exercise of dissent claims, the line will no longer hold the right to declare the relevant shares of Salt Lake Potash.

as of February 11, Salt Lake Potash's closing price of 59.02 yuan, compared with the right of objection to the request the acquisition of shares exercise price of 51.46 yuan / share high 14.69%. In this regard, Salt Lake Potash said, compared with the current share price, as investors buy shares in the exercise of objection to claim, it may cause a loss, and because the line no longer holds the right to declare Salt Lake Potash underlying shares, if the surviving company after the merger future stock prices, investors also face the loss of profit opportunities of rising stock prices.

and this corresponds to the Salt Lake Group's cash option exercise price of 25.26 yuan / share, the same right to exercise the cash option is equivalent to 25.26 yuan investors / stock price to sell shares of the Company and received cash consideration. If investors exercise the cash option, the line will no longer hold the right to declare the relevant shares in the Salt Lake Group.

compared to February 11 Salt Lake Group's closing price 24.86 yuan / share, lower than the exercise price of just 1.58%, almost the same price though, but the merger under the convertible program, exercise the cash option The investors will not have access to the share merger reform the country voted in Qinghai Province, China of shares, Xing Yun commitment letter sent to recover access to 0.20715624 per share, sending shares of stock to recover.