The current and offer price is at a HIGH premium over its trading price prior to the take-over announcement. If offer is rejected, the price will drop back to previous level. I have accumulated the shares and I will vote FOR the resolution, to protect my investment.
@steady. 16th Jan till now.....how much support do you have? I own 327k shares, I also wish the price could be higher....... but we also have to be realistic. Let's see how many will vote AGAINST.
MI need to buy a few lots each. Combined, we can reach 11.75% target!
ReplyDeleteAgreed..i have already started buying. Will buy more in coming weeks. No need to buy many...just a few lots each will be good enough.
ReplyDeleteI had bought 15k on prkcorp ...how to make good on the scr?
ReplyDeleteIf the offer is rejected, the price will dropped drastically.
ReplyDeleteThe current and offer price is at a HIGH premium over its trading price prior to the take-over announcement. If offer is rejected, the price will drop back to previous level.
ReplyDeleteI have accumulated the shares and I will vote FOR the resolution, to protect my investment.
If price drop back, then buy more! They will have to come out with higher price if want to take-over. Buy and keep!
ReplyDelete@edmond. Then you don't belong here!! This blog is set up specifically for people to organise to vote against the resolution.
ReplyDelete@steady. 16th Jan till now.....how much support do you have?
ReplyDeleteI own 327k shares, I also wish the price could be higher.......
but we also have to be realistic.
Let's see how many will vote AGAINST.