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Normally when can shareholder expect to be paid after GO closing date, anyone?
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Any chance of offer to go up from S$1.02 since now trading at S$1.025
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Can someone enlighten me on this.. why is there such a loooong queue to buy at the GO price? It was 217mn shares the last time I checked. What is the upside here if the GO passes?
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06-06-2016, 04:10 PM
(This post was last modified: 06-06-2016, 05:26 PM by CityFarmer.)
(06-06-2016, 03:57 PM)white collar Wrote: Can someone enlighten me on this.. why is there such a loooong queue to buy at the GO price? It was 217mn shares the last time I checked. What is the upside here if the GO passes?
The Offeror is queuing to collect from open market, at the offer price. It shouldn't be a surprise for most of us, I guess.
The surprise, should be the persistent collection at $1.025 lately.
(vested)
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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if i hv submitted the offer letter to sell all my shares and one day the open market is buying CMPac shares at 1.03, does not mean I can no longer sell in the open market?