Very high selling pressure at 0.80 , unless mother boost to shot up , otherwise is hard to go up . Btw , mother break new high again this morning , should be go up soon.
nope. So, meaning, IF all those holding mother share say - lets agree to privatize at 1.80, warrant holders can't do anything other than accepting offer at 0% premium. I believe this is why, today mother appear to be stronger?
osk prop wc do hv 8% premium. ppl still cautious due to big fall on 27/5/14 overtime ppl will move on. there is still catalyst as next quarter result expected to be excellent
@_redbull_, if privatize, i don't think it just 1.80 as NTA is 2.22. Let say mother privatize at 2.20, the son at least with 1.20. For mother(1.69 to 2.20 = 30%), for son(0.80 to 1.20 = 50%). Seem like son is more worth to buy even with 0% premium..
just licking the wound when the stock fell. buy in at 0.76, didnt sell at 0.835, hold at 0.695 many ppl trap above 0.8, wait for operator to do the job but tis time, remember to lock in some profit before quarter result, there had been TWO times collapse dy
LouisLim @_redbull_, if privatize, i don't think it just 1.80 as NTA is 2.22. Let say mother privatize at 2.20, the son at least with 1.20. For mother(1.69 to 2.20 = 30%), for son(0.80 to 1.20 = 50%). Seem like son is more worth to buy even with 0% premium..
Yeah I know NTA is higher, but in reality, what I'm trying to point out is that, warrant holder can't vote, warrant holders fate depends on mother share holders decision.
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sephiroth
14,145 posts
Posted by sephiroth > 2014-06-27 15:38 | Report Abuse
0.785!!!