Eqstra

[GAF1984]

What does the following excerpt from Eqstra sens mean to me as a shareholder of Protech? What details are contaned in the offer circular? Is this the offer to purchase your shares at X amount or how does it work? "Due to a delay in obtaining formal approval from the JSE Limited in respect of the offer circular to be posted to Protech shareholders, Protech shareholders are advised that the TRP has granted Eqstra a further extension of the time within which to post its offer circular to Protech shareholders. In terms of the extension, the offer circular is due to be posted to Protech shareholders on or before Thursday, 21 February 2013."

[kwagga]

It means that if Protech hasn't approached you as a shareholder in regards with this circular that they haven't been doing there job, and that a hostile takeover is on the cards. Eqstra is going to eat Protech for breakfast and then some....

[GAF1984]

But what happens to you as a shareholder? Will they be buying out your shares or do you keep your shares?

[kwagga]

I think they offered 55c a share or something like that. So, that is what you'll get. Read related news on Eqstra for the exact amount.

[Airborn]

Eqstra has offered 60cents a share that U can either accept or do nothing to reject it. Protech will most likely come to the market squealing that the offer is to low.... But then what have they done to to deliver value other than appointing buddies at ridiculous salaries!!!!!