Delisting

[propertyinvestor]

What about the delisting of debt-ridden S-chips (e.g. Ferrochina)?

How to capitalize from this type of delisting of companies?

My brief understanding:

1) Voluntary delisting - offered by a substantial shareholder to take the company private
2) Mandatory conditional - takeover offer from a 3rd party, usually on crossing the 30% treshold that trigger the GO. However, the offer is conditional on a certain level being obtained by the offeror by the closing date. If the level is not obtained, all shares tendered will be void and returned to the original owner.
3) Volunrtary unconditional - offered by a substantial shareholder, usually just to increase his stake in the company.
4) Mandatory unconditional - related to #2. Once the conditional level is reached, the offer is declared unconditional.

those are compulsory delisting pursuant to exchange rules