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Today, 03:40 AM
Looking at the share prices over the last 5 years, Spindex has been at around the 0.8 level.
VWAP assuming they do perform a take over will likely be say 0.85.
Assuming a 20% / 30% premium, one could expect SGD 1.02 / 1.1 as take private offer.
One of the things which is frustrating is that these companies (it is a general gripe, not specific to Spindex) rarely, if ever, use the cash well.
VWAP assuming they do perform a take over will likely be say 0.85.
Assuming a 20% / 30% premium, one could expect SGD 1.02 / 1.1 as take private offer.
One of the things which is frustrating is that these companies (it is a general gripe, not specific to Spindex) rarely, if ever, use the cash well.
Disclaimer :-
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
I am not an investment professional.
I encourage you to do your own independent "due diligence" on any idea that I write about, because I could be and probably am wrong.
Nothing written here is an invitation to buy or sell any particular stock.
At most, I am handing out an educated guess as to what the markets may do.
The market will always find a new way to make a fool out of me (and maybe, even you!).
Even the best strategies of the past fail, sometimes spectacularly, when you least expect it.
I am not immune to that, so please understand that any past success of mine will probably be followed by failures
