20-11-2014, 10:00 PM
The Offer Document is out.
http://infopub.sgx.com/Apps?A=COW_CorpAn...0e6cad2cac
Closing date : ACCEPTANCES SHOULD BE RECEIVED BY 5.30 P.M. ON 18 DECEMBER 2014 OR SUCH LATER DATE(S) AS MAY BE ANNOUNCED FROM TIME TO TIME BY OR ON BEHALF OF THE OFFEROR.
In the financial evaluation of the offer, it only compares the offer price which is at premium to traded prices over certain periods - but there is no NAV comparisons - and I can't seem able to find the word "NAV" being mentioned at all in the document. What a joke !
Perhaps, it is just another "coincidence" ; perhaps, it is just another “convenience” - ha-ha !
Let’s wait for the Offeree Circular from the IDs which should be dispatched within the next 14 days.
(vested)
http://infopub.sgx.com/Apps?A=COW_CorpAn...0e6cad2cac
Closing date : ACCEPTANCES SHOULD BE RECEIVED BY 5.30 P.M. ON 18 DECEMBER 2014 OR SUCH LATER DATE(S) AS MAY BE ANNOUNCED FROM TIME TO TIME BY OR ON BEHALF OF THE OFFEROR.
In the financial evaluation of the offer, it only compares the offer price which is at premium to traded prices over certain periods - but there is no NAV comparisons - and I can't seem able to find the word "NAV" being mentioned at all in the document. What a joke !
Perhaps, it is just another "coincidence" ; perhaps, it is just another “convenience” - ha-ha !
Let’s wait for the Offeree Circular from the IDs which should be dispatched within the next 14 days.
(vested)
Research, research and research - Please do your own due diligence (DYODD) before you invest - Any reliance on my analysis is SOLELY at your own risk.