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Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.

(15-08-2013, 06:33 AM)nsengkia Wrote: [ -> ]Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.

When will you receive the cash? Sorry haven't really read through the details of the offer.

(15-08-2013, 02:43 PM)Wildreamz Wrote: [ -> ]

(15-08-2013, 06:33 AM)nsengkia Wrote: [ -> ]Took the other track - have sent in the acceptance form and gotten the (slightly less) money but paid no brokerage fees. The discount is an option because if the offer is subsequently raised, I will qualify for the additional payment. And if not, have switched to another undervalued counter.

When will you receive the cash? Sorry haven't really read through the details of the offer.

Within 10 days as stated in the document.
For me, it was ON the 10th day at about 5pm! No free lunch eh?

Thank you.

In that case, yeah, not that bad.

If I knew that, I might have sold it to them when I received the option to sell.

With 80+% acquired.... The free float will be affected even if they didn't manage to get > 90% will become an illiquid stock?

i bet no more up offer, then offer expire... and try again next time...

Will accumulate after offer lapsed and Guthrie is still listed.

(16-08-2013, 09:55 PM)brattzz Wrote: [ -> ]i bet no more up offer, then offer expire... and try again next time...

Will accumulate after offer lapsed and Guthrie is still listed.

What do you think the share price would be? Up or down?

(17-08-2013, 08:29 PM)LOVE YOURSELF Wrote: [ -> ]

(16-08-2013, 09:55 PM)brattzz Wrote: [ -> ]i bet no more up offer, then offer expire... and try again next time...

Will accumulate after offer lapsed and Guthrie is still listed.

What do you think the share price would be? Up or down?

I bet down....look at FNN

(07-08-2013, 06:30 AM)shn Wrote: [ -> ]Each one will have to make his/her decision. I am inclined to think that the offer will be revised upward because there is still a lot of meat left for the controlling shareholders even if the offer is revised upward by 10% to 97 cents.

Assume that the controlling shareholders made an offer at 97 cents to start with, other shareholders would still expect a revision of the offer; hence, if I am the controlling shareholders, I will also first offer a price lower than the final price I am willing to offer, and then revise the price upward later.

I believe 97 cents is fair to both parties. I am one who bought more at 88 cents from the market after weighting the risk and reward.

What is your strategy?

(17-08-2013, 10:35 PM)desmondxyz Wrote: [ -> ]I bet down....look at FNN

FNN wants to remain listed whereas this coy want to delist, just the opposite.