A mandatory takeover refers to a situation in which a company is legally required to make an offer to acquire a minimum percentage of the outstanding shares of another company, typically a public listed company, based on certain criteria or conditions set forth by relevant regulations or laws.
This can occur, for example, when one company acquires a large enough stake in another company's shares that triggers a mandatory offer to buy the remaining shares. In such cases, the company acquiring the shares must offer to purchase the remaining shares at a price that is fair and equitable to all shareholders, typically at a premium to the current market price.
The purpose of mandatory takeover rules is to ensure that all shareholders of the target company are treated fairly and equitably in the event of a takeover, and that no shareholder is left at a disadvantage. The rules also aim to prevent potential acquirers from using unfair tactics or manipulating the market in order to gain control of a company.
I dont think ‘company’ in eatech case. Its more ‘a person’ which is we know as the white samurai/white knight who will rise as new substantial shareholder.
To EATECH operators, i think you should make price fall below 30 cents, then the retailer will cut a losses. Then we buy back ya below 30 cents. Thank you
Nothing much trading range 1.35-1.55 which is same as before 0.28-0.32. but this one additional 60% share capital come in at 1.15, post 5.1/share can sustain or not?
hahaha no way Jcorp will make their subsidiary goes delisted. Once the price become rm1, no more syndicate can goreng this stock, only real investor and genuine traders will buy. Bye2 to penny stock and welcome to blue chip line.
I layout a situation before and after price consolidation based on the PROPOSED REGULARISATION PLAN :
Before the consolidation, the investor held 30,600 shares, which were bought at a price of RM 0.325 per share. Therefore, the total value of the investor's shares before the consolidation was:
30,600 shares x RM 0.325 per share = RM 9,945
After the consolidation, every 15 shares will be consolidated into 1 consolidated share. Therefore, the investor's 30,600 shares will be consolidated into:
30,600 shares / 15 = 2,040 consolidated shares
If the theoretical adjusted reference price per EATECH share after the consolidation is RM 5.3250, then the value of the investor's consolidated shares will be:
2,040 consolidated shares x RM 5.3250 per consolidated share = RM 10,863
Therefore, the value of the investor's shares after the consolidation would be RM 10,863, which is more than the initial value of RM 9,945 before the consolidation.
this eatech has goreng for 7 months until reach 0.35 cents Top, it is Start 0.03 cents..., Well said any of your investment are at top you give money to crocodile, shark, monkey etc...
if use white knight price of 1.13 post-consol, then the fair price before consol is 0.075… does it mean there is still more to flush then from current price?
logically it will go to 0.075 as post consol will become 1.13 (price that TS Rashid will buy). but market always full of surprise, let see what will happen
On top of getting superb deal at 7.5sen, TS rashid also got 60% of new shares. Immediately diluting everyone share value by 60%
Its like if u bought at 35sen. U need to divide it by 2.5 first. So ur share price immediately become 14sen.
On top of that TS rashid the fkin rich guy is smiling at you showing that he got the opportunity, the only one who get to buy at 7.5sen.
Retailer should unite and dump this stock
Its not like the company cannot do a normal usual rights issue open table to everyone to subscribe, ts rashid also can join, so do other retailer can too. Very unfair, scheme to make rich ppl richer
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....
TCH1186
910 posts
Posted by TCH1186 > 2023-03-09 21:05 | Report Abuse
Bulan depan baru naik bulan ni you all gg