29-04-2020, 10:20 AM
After two weeks of trading halt, 12% block of shares changed hands at HK$1.50 per share, triggering a MGO. Certainly a disappointing deal for opmi.
https://www1.hkexnews.hk/listedco/listco...803209.pdf
The low transacted price between the parties may perhaps be suggestive of the intrinsic value of Hopefluent, or the liquidity needs of the sellers.
The market is currently telling Fu and his concert parties that they will have to increase their offer, if they wish to privatise the company.
https://www1.hkexnews.hk/listedco/listco...803209.pdf
The low transacted price between the parties may perhaps be suggestive of the intrinsic value of Hopefluent, or the liquidity needs of the sellers.
The market is currently telling Fu and his concert parties that they will have to increase their offer, if they wish to privatise the company.