(20-04-2012, 06:45 PM)CityFarmer Wrote:(19-04-2012, 10:22 PM)pianist Wrote: navis offer for all the shares amounts to less than $150m. anyone has peter lim's contact? is it ok to try calling him up? or maybe he is unaware of such a small cute prized gem?
If I am an interested 3rd party (if it ever exist or even sensible to do it?), what imaginary game plan should i employ?
It has to be ASAP, since the share hold by navis reaches ~60%. It should plan to acquire >10% (otherwise is a "sure-lose") or a more comfort holding of ~25% with the 1st announcement, probably with an irrevacable undertaking. The new offer price should be marginally above the navis offer price.
Then the 3rd party will occupy a good position for negotiation.
Every 1cts increase by Navis will cost 2.6 Mils. I hope my math does not fail me.
I don't think Peter Lim does takeover battles. Should contact Oei Hong Leong instead. He doesn't even need to take over to derive extra value! See NatSteel saga Part I.

Luck & Fortune Favours those who are Prepared & Decisive when Opportunity Knocks
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