It looks like controlling shareholder has sold out close to 36% equity to third parties. Is there a possibility of general offer? Time will tell! In the meantime, let us observe how the new investee(s) will conduct themselves with reference to Prlexus market share.
new big shareholders YB Venture has collected 44,033,000 shares or 16.48% of the total shares via its subsidiaries Yi-Lai Marketing & Yi-Lai Industry. This shows that something is brewing otherwise they won't buy in so much regardless of the price (up to >80sen). That means they know the future value of Prlexus is definitely more than 80 sen. Guys, keep the shares and don't sell yet. It is not the time to sell yet.
The M&A battle isn't over yet, and it's time to see which side is smarter. Hold the ticket in your hand tightly, and collect it quickly when in low position, there will be surprises.
Welcome to read my previous sharing start from 2021-10-08 and the blog as below:
Prolexus (8966) Is there a risk of being sniped and acquired?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cicakman
6,028 posts
Posted by cicakman > 2022-03-29 22:30 | Report Abuse
Bssed on experiences,it will go down tommorow.
Possible yb will ave at low.
How low?
Can use chart to monitor.